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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, Penrhyn, Minehead is a period leasehold apartment with 1,453 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Penrhyn, Minehead is £245,333 and the estimated rental value is £992 per month.
The apartment is within Penrhyn, St. Michaels Road, Minehead, TA24.
St. Michaels Road, Minehead, TA24 is located within the TA24 postal district.
Flat 2, Penrhyn, Minehead has 2 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated March 2021.
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, Penrhyn, Minehead is in very good condition we estimate a sale value of £257,599 and a rental value of £1,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,159 and a rental value of £922 per month.
Over the last 12 months the sale value of Flat 2 Penrhyn Minehead has decreased by an estimated £2,067 (0.8%) and its rental value has increased by an estimated £43 per month (4.3%), giving an expected gross yield of 4.9%.
Flat 2, Penrhyn, Minehead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2021.
The property is connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Penrhyn, Minehead was last sold on 7th July 2021 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2021, the market for similar properties has dropped 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Penrhyn, Minehead within a radius of 830 metres over the last 2 years.
The most recent example is 23, Metropole Court, Minehead, TA24 5QR, a leasehold flat which sold for £310,000 on the 19th November 2024.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Michaels Road, Minehead, TA24 has a total of 40 addresses. According to our analysis of all the public data, Flat 2, Penrhyn, Minehead is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in TA24.
The closest station to Flat 2, Penrhyn, Minehead is Rhoose Cardiff International Airport station which is 21.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Penrhyn, Minehead, 74.3% of property is privately owned outright and 14.5% is privately owned with a mortgage.
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, Penrhyn, Minehead, 3.2% of residents are recorded as possessing school level qualifications and 46.1% 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, Penrhyn, Minehead, the average age was 48.8 and the most common age was 57.
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, Penrhyn, Minehead, 2.1% 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, Penrhyn, Minehead, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
