Flat 1, Penrhyn
Flat 1, Penrhyn
Description & Estimates
According to the public record, Flat 1, Penrhyn, Minehead is a period leasehold apartment with 1,206 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, Penrhyn, Minehead is £224,094 and the estimated rental value is £906 per month.
The apartment is within Penrhyn, St. Michaels Road, Minehead, TA24.
St. Michaels Road, Minehead, TA24 is located within the TA24 postal district.
Our Data Sources
Flat 1, Penrhyn, Minehead has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated August 2010.
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
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, Penrhyn, Minehead is in very good condition we estimate a sale value of £235,299 and a rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,407 and a rental value of £843 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Penrhyn, Minehead has fallen by £7 (0.0%), while its estimated rental value has moved up by £45 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
Flat 1, Penrhyn, Minehead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Aug 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, Penrhyn, Minehead was last sold on 30th November 2016 for £178,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen by 35.7%.
- Sold Nov 2016£178,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Penrhyn, Minehead within a radius of 830 metres over the last 2 years.
The most recent example is 38, Metropole Court, Minehead, TA24 5QR, a leasehold flat which sold for £150,000 on the 4th August 2023.
Read more about house prices in TA24.
- Sold Aug 2023£150,000 | 3 Bed FlatMetropole Court38, Metropole Court, Minehead, TA24 5QR
- Sold Oct 2020£255,000 | 3 Bed FlatMount Royal, Weirfield RoadFlat 5, Mount Royal, Weirfield Road, Minehead, TA24 5QF
- Sold Mar 2019£229,950 | 3 Bed FlatMount Royal, Weirfield RoadFlat 4, Mount Royal, Weirfield Road, Minehead, TA24 5QF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
St. Michaels Road, Minehead, TA24 has a total of 40 addresses. According to our analysis of all the public data, Flat 1, Penrhyn, Minehead is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in TA24.
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Schools Nearby
- 500mSt Michael's Church of England First School
- 1.0kmMinehead First School
- 3.8kmDunster First School
- 2.0kmWest Somerset College
More reading links
Public Transport Nearby
The closest station to Flat 1, Penrhyn, Minehead is Rhoose Cardiff International Airport station, which is 21.5 kilometres away.
- 21.5kmRhoose Cardiff International Airport
- 22.1kmLlantwit Major
- 24.6kmBarry
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
