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According to the public record, 2 Hope House, Bath is a modern leasehold apartment with 1,280 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 2 Hope House, Bath is £973,064 and the estimated rental value is £3,511 per month.
The apartment is within Hope House, Lansdown Road, Bath, BA1.
Lansdown Road, Bath, BA1 is located within the BA1 postal district.
2 Hope House, Bath has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2 Hope House, Bath is in very good condition we estimate a sale value of £1,021,717 and a rental value of £3,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £904,949 and a rental value of £3,265 per month.
Over the last 12 months the sale value of 2 Hope House Bath has decreased by an estimated £39,285 (4.0%) and its rental value has increased by an estimated £73 per month (2.1%), giving an expected gross yield of 4.3%.
2 Hope House, Bath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Hope House, Bath was last sold on 6th May 2022 for £850,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 36.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2 Hope House, Bath within a radius of 380 metres over the last 2 years.
The most recent example is 5 Hope House, Lansdown Road, Bath, BA1 5AZ, a leasehold flat which sold for £925,000 on the 30th June 2021.
Read more about house prices in BA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lansdown Road, Bath, BA1 has a total of 220 addresses. According to our analysis of all the public data, 2 Hope House, Bath is the 105th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £448k more expensive than the average property in BA1.
The closest station to 2 Hope House, Bath is Bath Spa station which is 1.5 kilometres away.
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 2 Hope House, Bath, 38.4% of property is privately rented and 36.4% is privately owned outright.
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 2 Hope House, Bath, 17.0% of residents are recorded as possessing school level qualifications and 65.6% 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 2 Hope House, 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 2 Hope House, Bath, 9.5% 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 2 Hope House, Bath, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.