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Flat 2, The Archers, Minehead is recorded publicly as a period leasehold apartment across 737 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, The Archers, Minehead is £187,159 and its rental estimate is £704 per month, given the available information and assuming reasonable condition.
The Archers, Dunster is a residential building on Dunster, Minehead, TA24 and falls within the TA24 postal district.
Flat 2, The Archers, Minehead has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated May 2010.
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.
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, The Archers, Minehead, we estimate a market value of £196,517 and a rental value of £739 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £174,058 and £654 per month respectively.
Over the last year, Flat 2, The Archers, Minehead has seen its estimated sale value drop by £1,447 (0.8%) and its estimated rental value rise by £31 per month (4.4%). This results in an estimated gross rental yield of 4.5%.
Flat 2, The Archers, Minehead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 May 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 2, The Archers, Minehead completed on 10th September 2014 at £148,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 22.1% over the period since September 2014.
Over the past 2 years 3 properties similar to Flat 2, The Archers, Minehead have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2023, was Flat 1, Avill Court, Marsh Street, Minehead, TA24 6PN, a leasehold flat which sold for £194,000.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 150 addresses on Dunster, Minehead, TA24, Flat 2, The Archers, Minehead comes out as the 142nd largest and the 140th most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the TA24 district.
From Flat 2, The Archers, Minehead, the nearest station is Rhoose Cardiff International Airport, 23.4 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, The Archers, Minehead, 54.5% of property is privately owned outright and 22.8% 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, The Archers, Minehead, 10.7% of residents are recorded as possessing school level qualifications and 32.8% 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, The Archers, Minehead, the average age was 52.1 and the most common age was 62.
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, The Archers, Minehead, 1.9% 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, The Archers, Minehead, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.