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Flat 2, 2, The Terrace, Minehead is described in the public record as a period apartment with 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 2, The Terrace, Minehead is £77,802 and its rental estimate is £516 per month, given the available information and assuming reasonable condition.
2, The Terrace is a residential building on The Terrace, Minehead, TA24 and falls within the TA24 postal district.
Flat 2, 2, The Terrace, Minehead has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data 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.
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, The Terrace, Minehead, we estimate a market value of £81,692 and a rental value of £542 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £72,356 and £480 per month respectively.
Over the last year, Flat 2, 2, The Terrace, Minehead has seen its estimated sale value fall by £601 (0.8%) and its estimated rental value move up by £23 per month (4.4%). This results in an estimated gross rental yield of 8.0%.
Flat 2, 2, The Terrace, Minehead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 1.0 kilometres of Flat 2, 2, The Terrace, Minehead, per the Land Registry and our network of Estate Agents.
The latest, on the 13th January 2023, was Flat 3, Spindlewood 4, The Terrace, Minehead, TA24 6BG, a leasehold flat which sold for £84,000.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on The Terrace, Minehead, TA24, Flat 2, 2, The Terrace, Minehead comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £232k less expensive than the average property across the TA24 district.
From Flat 2, 2, The Terrace, Minehead, the nearest station is Rhoose Cardiff International Airport, 22.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 2, The Terrace, Minehead, 52.9% of property is privately owned outright and 25.7% is privately rented.
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, The Terrace, Minehead, 11.3% of residents are recorded as possessing school level qualifications and 22.5% 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, The Terrace, Minehead, the average age was 52.1 and the most common age was 72.
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, The Terrace, Minehead, 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 2, 2, The Terrace, Minehead, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.