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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
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According to the public record, Flat 1, 65, Cheap Street, Sherborne is a period leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 65, Cheap Street, Sherborne is £110,722 and the estimated rental value is £559 per month.
The apartment is within 65, Cheap Street, Sherborne, DT9.
Cheap Street, Sherborne, DT9 is located within the DT9 postal district.
Flat 1, 65, Cheap Street, Sherborne has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated March 2022.
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 Flat 1, 65, Cheap Street, Sherborne is in very good condition we estimate a sale value of £116,258 and a rental value of £587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,972 and a rental value of £520 per month.
Over the last 12 months the sale value of Flat 1 65 Cheap Street Sherborne has decreased by an estimated £3,046 (2.8%) and its rental value has increased by an estimated £15 per month (2.7%), giving an expected gross yield of 6.1%.
Flat 1, 65, Cheap Street, Sherborne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Mar 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 1, 65, Cheap Street, Sherborne was last sold on 8th September 2023 for £118,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 650 metres radius of Flat 1, 65, Cheap Street, Sherborne over the last 2 years.
The most recent example is Flat C, 65, Cheap Street, Sherborne, DT9 3BA, a leasehold flat which sold for £100,000 on the 21st December 2021.
Read more about house prices in DT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheap Street, Sherborne, DT9 has a total of 98 addresses. According to our analysis of all the public data, Flat 1, 65, Cheap Street, Sherborne is the 36th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in DT9.
The closest station to Flat 1, 65, Cheap Street, Sherborne is Sherborne station which is 400 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 65, Cheap Street, Sherborne, 61.5% of property is privately owned outright and 26.2% is privately rented.
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 Flat 1, 65, Cheap Street, Sherborne, 7.2% of residents are recorded as possessing school level qualifications and 50.9% 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 Flat 1, 65, Cheap Street, Sherborne, the average age was 46.8 and the most common age was 17.
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 Flat 1, 65, Cheap Street, Sherborne, 0.0% 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 Flat 1, 65, Cheap Street, Sherborne, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
