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8, South Park, Minehead is recorded publicly as a mid-century freehold house across 419 ft2 of internal area, sitting on a 536 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, South Park, Minehead is £244,376 and its rental estimate is £1,104 per month, given the available information and assuming reasonable condition.
South Park, Minehead, TA24 falls within the TA24 postal district.
8, South Park, Minehead has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated November 2014.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, South Park, Minehead, we estimate a market value of £256,595 and a rental value of £1,160 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £227,270 and £1,027 per month respectively.
Over the last year, 8, South Park, Minehead has seen its estimated sale value fall by £396 (0.2%) and its estimated rental value move up by £52 per month (4.7%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 8, South Park, Minehead as measuring 536 m2.
That makes it the 11th largest plot in the postcode, where all 37 other houses have recorded plot data.
8, South Park, Minehead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 8, South Park, Minehead completed on 12th March 2021 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.8% over the period since March 2021.
Over the past 2 years 3 properties have sold within 850 metres of 8, South Park, Minehead, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd June 2023, was 6, South Park, Minehead, TA24 8AL, a freehold house which sold for £414,000.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 37 addresses on South Park, Minehead, TA24, 8, South Park, Minehead comes out as the 37th largest and the 37th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the TA24 district.
From 8, South Park, Minehead, the nearest station is Rhoose Cardiff International Airport, 22.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, South Park, Minehead, 76.1% of property is privately owned outright and 12.8% 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 8, South Park, Minehead, 4.1% of residents are recorded as possessing school level qualifications and 27.8% 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 8, South Park, Minehead, the average age was 52.1 and the most common age was 72.
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 8, South Park, Minehead, 0.7% 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 8, South Park, Minehead, 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.