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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, Prospect House 26-28, Bath is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Prospect House 26-28, Bath is £205,473 and the estimated rental value is £1,273 per month.
The apartment is within Prospect House, Wells Road, Bath, BA2.
Wells Road, Bath, BA2 is located within the BA2 postal district.
Flat 1, Prospect House 26-28, Bath has 31 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated October 2019.
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, Prospect House 26-28, Bath is in very good condition we estimate a sale value of £215,747 and a rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,090 and a rental value of £1,184 per month.
Over the last 12 months the sale value of Flat 1 Prospect House 26-28 Bath has decreased by an estimated £4,092 (2.0%) and its rental value has increased by an estimated £58 per month (4.6%), giving an expected gross yield of 7.4%.
Flat 1, Prospect House 26-28, Bath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Oct 2019.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 1, Prospect House 26-28, Bath was last sold on 29th October 2014 for £172,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2014, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Prospect House 26-28, Bath within a radius of 420 metres over the last 2 years.
The most recent example is Flat 2, Marr House, The Square, Bath, BA2 3BH, a leasehold flat which sold for £240,000 on the 4th November 2022.
Read more about house prices in BA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Road, Bath, BA2 has a total of 225 addresses. According to our analysis of all the public data, Flat 1, Prospect House 26-28, Bath is the 166th largest and the 185th most expensive property on the street.
When compared to the postcode district it is £270k less expensive than the average property in BA2.
The closest station to Flat 1, Prospect House 26-28, Bath is Bath Spa station which is 500 metres away.
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, Prospect House 26-28, Bath, 60.1% of property is privately rented and 18.2% 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, Prospect House 26-28, Bath, 38.9% of residents are recorded as possessing school level qualifications and 45.1% 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, Prospect House 26-28, Bath, the average age was 35.1 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, Prospect House 26-28, Bath, 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 Flat 1, Prospect House 26-28, Bath, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
