Apartment 1, 8
Apartment 1, 8
Description & Estimates
Apartment 1, 8, Tesla Place, Highbridge is recorded publicly as a modern leasehold apartment across 292 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Apartment 1, 8, Tesla Place, Highbridge is £93,395 and its rental estimate is £459 per month, given the available information and assuming reasonable condition.
8, Tesla Place is a residential building on Tesla Place, Highbridge, TA9 and falls within the TA9 postal district.
Our Data Sources
Apartment 1, 8, Tesla Place, Highbridge has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated April 2009.
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.
Price Range & Condition
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 Apartment 1, 8, Tesla Place, Highbridge, we estimate a market value of £98,065 and a rental value of £482 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,858 and £427 per month respectively.
Recent Market Change
Over the last year, Apartment 1, 8, Tesla Place, Highbridge has seen its estimated sale value move down by £52 (0.1%) and its estimated rental value increase by £16 per month (3.5%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Apartment 1, 8, Tesla Place, Highbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Apartment 1, 8, Tesla Place, Highbridge completed on 20th April 2018 at £103,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 22.7% over the period since April 2018.
- Sold Apr 2018£103,000
- Sold Jun 2009£80,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 770 metres of Apartment 1, 8, Tesla Place, Highbridge, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2023, was Apartment 2, 47, Marconi Drive, Highbridge, TA9 3FE, a leasehold flat which sold for £140,000.
Read more about house prices in TA9.
- Sold Mar 2023£140,000 | 2 Bed Flat47, Marconi DriveApartment 2, 47, Marconi Drive, Highbridge, TA9 3FE
- Sold Jul 2020£100,000 | 2 Bed Flat8, Tesla PlaceApartment 2, 8, Tesla Place, Highbridge, TA9 3FP
- Sold Apr 2018£108,000 | 2 Bed Flat47, Marconi DriveApartment 1, 47, Marconi Drive, Highbridge, TA9 3FE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Tesla Place, Highbridge, TA9, Apartment 1, 8, Tesla Place, Highbridge comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £251k less expensive than the average property across the TA9 district.
More reading links
Schools Nearby
- 600mChurchfield Church School
- 1.3kmSt Joseph's Catholic Primary and Nursery School
- 1.5kmBurnham-On-Sea Infant School
- 600mThe King Alfred School an Academy
- 10.2kmChilton Trinity School
- 11.0kmBroadoak Academy
More reading links
Public Transport Nearby
From Apartment 1, 8, Tesla Place, Highbridge, the nearest station is Highbridge & Burnham, 1.3 kilometres away.
- 1.3kmHighbridge & Burnham
- 11.4kmBridgwater
- 12.7kmWeston-super-Mare
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
