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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Mayfair House 39, Shepton Mallet is £112,509 and the estimated rental value is £624 per month.
The apartment is within Mayfair House, Charlton Road, Shepton Mallet, BA4.
Charlton Road, Shepton Mallet, BA4 is located within the BA4 postal district.
Flat 1, Mayfair House 39, Shepton Mallet has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2020.
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.
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, Mayfair House 39, Shepton Mallet is in very good condition we estimate a sale value of £118,135 and a rental value of £656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,633 and a rental value of £581 per month.
Over the last 12 months the sale value of Flat 1 Mayfair House 39 Shepton Mallet has increased by an estimated £471 (0.4%) and its rental value has increased by an estimated £33 per month (5.3%), giving an expected gross yield of 6.7%.
Flat 1, Mayfair House 39, Shepton Mallet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, Mayfair House 39, Shepton Mallet was last sold on 26th October 2022 for £110,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2022, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Mayfair House 39, Shepton Mallet within a radius of 990 metres over the last 2 years.
The most recent example is 8, York Mews, Shepton Mallet, BA4 5GX, a leasehold flat which sold for £105,000 on the 29th November 2024.
Read more about house prices in BA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charlton Road, Shepton Mallet, BA4 has a total of 101 addresses. According to our analysis of all the public data, Flat 1, Mayfair House 39, Shepton Mallet is the 101st largest and the 101st most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in BA4.
The closest station to Flat 1, Mayfair House 39, Shepton Mallet is Castle Cary station which is 9.8 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 Flat 1, Mayfair House 39, Shepton Mallet, 42.8% of property is privately owned outright and 32.1% 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 Flat 1, Mayfair House 39, Shepton Mallet, 17.8% of residents are recorded as possessing school level qualifications and 29.6% 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, Mayfair House 39, Shepton Mallet, the average age was 46.2 and the most common age was 52.
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, Mayfair House 39, Shepton Mallet, 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, Mayfair House 39, Shepton Mallet, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.