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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
According to the public record, 2, Somerset Terrace, Bristol is a mid-century leasehold apartment with 480 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Somerset Terrace, Bristol is £303,582 and the estimated rental value is £1,366 per month.
The apartment is within 2, Somerset Terrace, Bristol, BS3.
Somerset Terrace, Bristol, BS3 is located within the BS3 postal district.
2, Somerset Terrace, Bristol has 21 entries in the Land Registry , most recently in January 2009 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Somerset Terrace, Bristol is in very good condition we estimate a sale value of £318,761 and a rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,331 and a rental value of £1,270 per month.
Over the last 12 months the sale value of 2 Somerset Terrace Bristol has decreased by an estimated £3,548 (1.2%) and its rental value has increased by an estimated £48 per month (3.5%), giving an expected gross yield of 5.4%.
2, Somerset Terrace, Bristol has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Somerset Terrace, Bristol was last sold on 8th January 2009 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2009, the market for similar properties has risen 58.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Somerset Terrace, Bristol within a radius of 460 metres over the last 2 years.
The most recent example is 59, Somerset Terrace, Bristol, BS3 4LJ, a leasehold flat which sold for £230,000 on the 29th September 2023.
Read more about house prices in BS3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Terrace, Bristol, BS3 has a total of 140 addresses. According to our analysis of all the public data, 2, Somerset Terrace, Bristol is the 136th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BS3.
The closest station to 2, Somerset Terrace, Bristol is Bedminster station which is 300 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Somerset Terrace, Bristol, 40.8% of property is privately owned with a mortgage and 27.7% 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, Somerset Terrace, Bristol, 16.1% of residents are recorded as possessing school level qualifications and 69.1% 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, Somerset Terrace, Bristol, the average age was 34.1 and the most common age was 32.
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, Somerset Terrace, Bristol, 2.4% 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, Somerset Terrace, Bristol, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
