Mermaid House, Rainbow Way - TA24 5FB
Key Building Insights
Mermaid House, Rainbow Way is a residential building situated on Rainbow Way, Minehead, TA24 with 11 addresses.
It ranks as the 484th largest and 227th most expensive of the 519 buildings in the TA24 area. The most common property type is a modern flat built after 1980.
The building contains a total of 11 properties: 11 flats.
- Ave. Sale Price
- £147,272
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £718pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Building Insights
Mermaid House, Rainbow Way is a residential building situated on Rainbow Way, Minehead, TA24 with 11 addresses.
It ranks as the 484th largest and 227th most expensive of the 519 buildings in the TA24 area. The most common property type is a modern flat built after 1980.
The building contains a total of 11 properties: 11 flats.
- Ave. Sale Price
- £147,272
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £718pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties on Rainbow Way, Minehead, TA24
- Flat 44 Mermaid House
2 Bed Modern Flat
- Flat 45 Mermaid House
2 Bed Modern Flat
- Flat 46 Mermaid House
2 Bed Modern Flat
- Flat 47 Mermaid House
2 Bed Modern Flat
- Flat 48 Mermaid House
2 Bed Modern Flat
Sales Market Trends
The current average value in the building is £147,272.
The Mermaid House, Rainbow Way Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £147,272 |
| June 2025 | -2.8% | £148,149 |
| June 2024 | -1.5% | £152,406 |
| June 2023 | 2.7% | £154,793 |
| June 2022 | 7.9% | £150,705 |
| June 2021 | 6.3% | £139,638 |
| June 2020 | 2.1% | £131,329 |
| June 2019 | 4.8% | £128,583 |
| June 2018 | 4.3% | £122,750 |
| June 2017 | 0% | £117,660 |
| June 2016 | 3.7% | £117,609 |
| June 2015 | 3.6% | £113,461 |
| June 2014 | -1.9% | £109,523 |
| June 2013 | 0.3% | £111,689 |
| June 2012 | 1% | £111,408 |
| June 2011 | -5% | £110,301 |
| June 2010 | -0.2% | £116,103 |
| June 2009 | -9.3% | £116,387 |
| June 2008 | 0.6% | £128,289 |
| June 2007 | 0% | £127,572 |
Rental Market Trends
The current average rental value in the building is £718.
The Mermaid House, Rainbow Way Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £718pcm |
| June 2025 | 3.4% | £696pcm |
| June 2024 | 7.8% | £672pcm |
| June 2023 | 7.1% | £624pcm |
| June 2022 | 11.9% | £583pcm |
| June 2021 | 8.4% | £521pcm |
| June 2020 | 2.2% | £480pcm |
| June 2019 | 1.6% | £470pcm |
| June 2018 | -1.4% | £463pcm |
| June 2017 | 1.6% | £469pcm |
| June 2016 | 1.6% | £462pcm |
| June 2015 | 1.1% | £454pcm |
| June 2014 | -0.3% | £449pcm |
| June 2013 | -0.6% | £451pcm |
| June 2012 | 0.8% | £453pcm |
| June 2011 | -2% | £450pcm |
| June 2010 | -0.2% | £459pcm |
| June 2009 | -8% | £460pcm |
| June 2008 | 4% | £500pcm |
| June 2007 | 0% | £481pcm |
Property Types
- 11 modern flats built after 1980
- modern flat (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 11 properties.
- The most common rating is A.
- A (11)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Minehead First School1.4 km away
- St Michael's Church of England First School1.8 km away
- Dunster First School1.9 km away
- West Somerset College400 m away
- Kingsmead Academy20.6 km away
More reading links
Public Transport Nearby
The closest station to Mermaid House, Rainbow Way, Minehead, TA24 5FB is Rhoose Cardiff International Airport station, which is 22.2 kilometres away.
- Rhoose Cardiff International Airport|22.2 km away
- Llantwit Major|23.5 km away
- Barry Island|25.0 km away
- Barry|25.1 km away
