Flat 2, 2
Flat 2, 2
Description & Estimates
Flat 2, 2, Market Place, Radstock appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 450 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 2, Market Place, Radstock is £136,977 and its rental estimate is £750 per month, given the available information and assuming reasonable condition.
2, Market Place is a residential building on Market Place, Radstock, BA3 and falls within the BA3 postal district.
Our Data Sources
Flat 2, 2, Market Place, Radstock has a single entry in the Land Registry from October 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Flat 2, 2, Market Place, Radstock, we estimate a market value of £143,826 and a rental value of £788 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £127,389 and £698 per month respectively.
Recent Market Change
Over the last year, Flat 2, 2, Market Place, Radstock has seen its estimated sale value decrease by £4,156 (3.0%) and its estimated rental value grow by £31 per month (4.2%). This results in an estimated gross rental yield of 6.6%.
Sold Prices
The most recent sale of Flat 2, 2, Market Place, Radstock completed on 30th October 2023 at £130,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 3.7% over the period since October 2023.
- Sold Oct 2023£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 2, Market Place, Radstock have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was Flat 4, 2, Market Place, Radstock, BA3 3AE, a leasehold flat which sold for £155,000.
Read more about house prices in BA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Market Place, Radstock, BA3, Flat 2, 2, Market Place, Radstock comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £186k less expensive than the average property across the BA3 district.
More reading links
Schools Nearby
- 500mSt Nicholas Church School
- 700mTrinity Church School
- 1.5kmSt Mary's Church of England Primary School
- 1.4kmWrithlington School
- 1.4kmSomerset Studio School
- 2.7kmNorton Hill Academy
More reading links
Public Transport Nearby
From Flat 2, 2, Market Place, Radstock, the nearest station is Oldfield Park, 10.6 kilometres away.
- 10.6kmOldfield Park
- 11.3kmBath Spa
- 11.5kmFreshford
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
