2 Springfield Cottages, Minehead
2 Springfield Cottages, Minehead
Description & Estimates
The public record lists 2 Springfield Cottages, Minehead as a freehold house.
Comparison with its neighbours suggests a period house with 1,012 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
2 Springfield Cottages, Minehead has an estimated sale value of £503,680 and an estimated rental value of £2,048 per month, assuming reasonable condition and based on the information available.
Winsford, Minehead, TA24 lies within the TA24 postal district.
Our Data Sources
2 Springfield Cottages, Minehead has 31 entries in the Land Registry , most recently in May 2019 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2 Springfield Cottages, Minehead would be worth £528,864, with a potential rental value of £2,151 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £468,423, with a rental value of £1,905 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2 Springfield Cottages, Minehead has dropped by £5,827 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £83 (4.1%). The property's estimated gross yield is currently 4.9%.
Sold Prices
2 Springfield Cottages, Minehead last changed hands on 10th May 2019, selling for £185,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 1.5% since May 2019.
- Sold May 2019£185,000
- Sold Dec 1997£84,650
- Sold Oct 1995£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 9.4 kilometres of 2 Springfield Cottages, Minehead across the last 2 years.
Most recently, Ivy Cottage, Minehead, TA24 7LU, a freehold house, sold at £460,000 on the 7th September 2021.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2 Springfield Cottages, Minehead as the 98th largest and the 70th most expensive of the 127 addresses on Winsford, Minehead, TA24.
Against the TA24 postcode district average, it is £194k more expensive than the typical property.
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Schools Nearby
- 4.0kmExford Church of England First School
- 5.5kmCutcombe Church of England First School
- 8.6kmAll Saints CofE VC Infants School
- 13.7kmWest Somerset College
- 19.6kmSouth Molton Community College
- 21.5kmKingsmead Academy
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Public Transport Nearby
Tiverton Parkway station is the nearest stop to 2 Springfield Cottages, Minehead at 26.9 kilometres away.
- 26.9kmTiverton Parkway
- 28.7kmKings Nympton
- 29.6kmUmberleigh
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
