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According to the public record, Flat 2, 2, Peter Street, Shepton Mallet is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 2, Peter Street, Shepton Mallet is £102,936 and the estimated rental value is £592 per month.
The apartment is within 2, Peter Street, Shepton Mallet, BA4.
Peter Street, Shepton Mallet, BA4 is located within the BA4 postal district.
Flat 2, 2, Peter Street, Shepton Mallet has 2 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated April 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 2, 2, Peter Street, Shepton Mallet is in very good condition we estimate a sale value of £108,082 and a rental value of £622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,730 and a rental value of £551 per month.
Over the last 12 months the sale value of Flat 2 2 Peter Street Shepton Mallet has decreased by an estimated £742 (0.7%) and its rental value has increased by an estimated £26 per month (4.4%), giving an expected gross yield of 6.9%.
Flat 2, 2, Peter Street, Shepton Mallet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2019.
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 2, 2, Peter Street, Shepton Mallet was last sold on 8th March 2019 for £72,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2019, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Peter Street, Shepton Mallet within a radius of 690 metres over the last 2 years.
The most recent example is Flat 3, 2, Peter Street, Shepton Mallet, BA4 5BL, a leasehold flat which sold for £100,000 on the 24th September 2024.
Read more about house prices in BA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peter Street, Shepton Mallet, BA4 has a total of 35 addresses. According to our analysis of all the public data, Flat 2, 2, Peter Street, Shepton Mallet is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in BA4.
The closest station to Flat 2, 2, Peter Street, Shepton Mallet is Castle Cary station which is 10.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 2, Peter Street, Shepton Mallet, 50.0% of property is privately rented and 25.3% is privately owned outright.
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 2, 2, Peter Street, Shepton Mallet, 10.4% of residents are recorded as possessing school level qualifications and 33.1% 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 2, 2, Peter Street, 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 2, 2, Peter Street, Shepton Mallet, 1.2% 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 2, 2, Peter Street, Shepton Mallet, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.