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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Somerset Place, Bath is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,552 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Somerset Place, Bath is £1,340,602 and the estimated rental value is £4,851 per month.
Somerset Place, Bath, BA1 is located within the BA1 postal district.
12, Somerset Place, Bath has 2 entries in the Land Registry , most recently in August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Somerset Place, Bath is in very good condition we estimate a sale value of £1,407,632 and a rental value of £5,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,246,760 and a rental value of £4,512 per month.
Over the last 12 months the sale value of 12 Somerset Place Bath has decreased by an estimated £50,599 (3.8%) and its rental value has increased by an estimated £189 per month (3.9%), giving an expected gross yield of 4.3%.
According to HM Land Registry, 12, Somerset Place, Bath was last sold on 17th August 2021 for £1,410,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has dropped 43.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Somerset Place, Bath within a radius of 630 metres over the last 2 years.
The most recent example is 13C, Somerset Place, Bath, BA1 5AD, a leasehold flat which sold for £1,700,000 on the 31st May 2023.
Read more about house prices in BA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Place, Bath, BA1 has a total of 29 addresses. According to our analysis of all the public data, 12, Somerset Place, Bath is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £821k more expensive than the average property in BA1.
The closest station to 12, Somerset Place, Bath is Oldfield Park station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Somerset Place, Bath, 61.6% of property is privately owned outright and 26.4% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Somerset Place, Bath, 18.2% of residents are recorded as possessing school level qualifications and 74.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Somerset Place, Bath, the average age was 40.8 and the most common age was 22.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Somerset Place, Bath, 3.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Somerset Place, Bath, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
