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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, 7, Somerset Place, Bath is a modern leasehold apartment with 2,249 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 7, Somerset Place, Bath is £1,771,335 and the estimated rental value is £6,391 per month.
Somerset Place, Bath, BA1 is located within the BA1 postal district.
7, Somerset Place, Bath has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property 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 7, Somerset Place, Bath is in very good condition we estimate a sale value of £1,859,901 and a rental value of £6,711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,647,341 and a rental value of £5,944 per month.
Over the last 12 months the sale value of 7 Somerset Place Bath has decreased by an estimated £71,514 (4.0%) and its rental value has increased by an estimated £133 per month (2.1%), giving an expected gross yield of 4.3%.
7, Somerset Place, Bath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler.
According to HM Land Registry, 7, Somerset Place, Bath was last sold on 1st August 2017 for £1,430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has dropped 45.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Somerset Place, Bath within a radius of 640 metres over the last 2 years.
The most recent example is 5, Somerset Place, Bath, BA1 5AD, a leasehold flat which sold for £1,700,000 on the 28th February 2024.
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, 7, Somerset Place, Bath is the 14th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £1.247m more expensive than the average property in BA1.
The closest station to 7, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, 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 7, 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 7, 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 7, 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 7, 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.
