Flat 2, 3
Flat 2, 3
Description & Estimates
Public records show Flat 2, 3, The Terrace, Minehead to be a period leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 3, The Terrace, Minehead has an estimated sale value of £83,845 and an estimated rental value of £539 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, The Terrace, Minehead, TA24.
The Terrace, Minehead, TA24 lies within the TA24 postal district.
Our Data Sources
Flat 2, 3, The Terrace, Minehead has 21 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated October 2017.
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
In very good condition, we estimate Flat 2, 3, The Terrace, Minehead would be worth £88,037, with a potential rental value of £566 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,976, with a rental value of £501 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 3, The Terrace, Minehead has moved down by £648 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £24 (4.4%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 2, 3, The Terrace, Minehead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Oct 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 3, The Terrace, Minehead last changed hands on 2nd July 2007, selling for £92,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 38.0% since July 2007.
- Sold Jul 2007£92,500
- Sold Jun 2000£30,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 1.0 kilometres of Flat 2, 3, The Terrace, Minehead across the last 2 years.
Most recently, Flat 3, Spindlewood 4, The Terrace, Minehead, TA24 6BG, a leasehold flat, sold at £84,000 on the 13th January 2023.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 3, The Terrace, Minehead as the 9th largest and the 10th most expensive of the 20 addresses on The Terrace, Minehead, TA24.
Against the TA24 postcode district average, it is £226k less expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmMinehead First School
- 1.7kmSt Michael's Church of England First School
- 1.8kmDunster First School
- 100mWest Somerset College
- 20.5kmKingsmead Academy
More reading links
Public Transport Nearby
Rhoose Cardiff International Airport station is the nearest stop to Flat 2, 3, The Terrace, Minehead at 22.7 kilometres away.
- 22.7kmRhoose Cardiff International Airport
- 23.8kmLlantwit Major
- 25.6kmBarry Island
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
