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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 3, 40, Bloomfield Park, Bath is £454,280 and the estimated rental value is £1,564 per month.
The apartment is within 40, Bloomfield Park, Bath, BA2.
Bloomfield Park, Bath, BA2 is located within the BA2 postal district.
Flat 3, 40, Bloomfield Park, Bath has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated June 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 3, 40, Bloomfield Park, Bath is in very good condition we estimate a sale value of £476,994 and a rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,481 and a rental value of £1,454 per month.
Over the last 12 months the sale value of Flat 3 40 Bloomfield Park Bath has decreased by an estimated £9,048 (2.0%) and its rental value has increased by an estimated £72 per month (4.6%), giving an expected gross yield of 4.1%.
Flat 3, 40, Bloomfield Park, Bath has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, Flat 3, 40, Bloomfield Park, Bath was last sold on 28th October 2022 for £483,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 40, Bloomfield Park, Bath within a radius of 650 metres over the last 2 years.
The most recent example is Flat 5, 40, Bloomfield Park, Bath, BA2 2BX, a leasehold flat which sold for £475,000 on the 28th April 2023.
Read more about house prices in BA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bloomfield Park, Bath, BA2 has a total of 60 addresses. According to our analysis of all the public data, Flat 3, 40, Bloomfield Park, Bath is the 48th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in BA2.
The closest station to Flat 3, 40, Bloomfield Park, Bath is Oldfield Park station which is 1.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 40, Bloomfield Park, Bath, 57.0% of property is privately owned outright and 29.8% 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 3, 40, Bloomfield Park, Bath, 22.1% of residents are recorded as possessing school level qualifications and 63.3% 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 3, 40, Bloomfield Park, Bath, the average age was 43.3 and the most common age was 52.
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 3, 40, Bloomfield Park, Bath, 2.0% 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 3, 40, Bloomfield Park, Bath, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.