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According to the public record, Flat 2, Muchelney House, Ilminster is a modern apartment with 452 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 2, Muchelney House, Ilminster is £63,667 and the estimated rental value is £413 per month.
The apartment is within Muchelney House, Abbots Close, Ilminster, TA19.
Abbots Close, Ilminster, TA19 is located within the TA19 postal district.
Flat 2, Muchelney House, Ilminster has no records in the the Land Registry and a single entry in the EPC database dated December 2015.
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.
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, Muchelney House, Ilminster is in very good condition we estimate a sale value of £66,850 and a rental value of £434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,210 and a rental value of £384 per month.
Over the last 12 months the sale value of Flat 2 Muchelney House Ilminster has increased by an estimated £92 (0.1%) and its rental value has increased by an estimated £14 per month (3.5%), giving an expected gross yield of 7.8%.
Flat 2, Muchelney House, Ilminster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Muchelney House, Ilminster within a radius of 610 metres over the last 2 years.
The most recent example is Flat 14, Muchelney House, Abbots Close, Ilminster, TA19 0EF, a leasehold flat which sold for £57,500 on the 27th November 2023.
Read more about house prices in TA19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbots Close, Ilminster, TA19 has a total of 54 addresses. According to our analysis of all the public data, Flat 2, Muchelney House, Ilminster is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £277k less expensive than the average property in TA19.
The closest station to Flat 2, Muchelney House, Ilminster is Crewkerne station which is 11.2 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, Muchelney House, Ilminster, 43.3% of property is privately owned outright and 22.8% 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, Muchelney House, Ilminster, 6.3% of residents are recorded as possessing school level qualifications and 38.2% 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, Muchelney House, Ilminster, the average age was 47.1 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, Muchelney House, Ilminster, 1.0% 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, Muchelney House, Ilminster, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.