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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 3, Tipcote House, Shepton Mallet is a period leasehold apartment with 516 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 3, Tipcote House, Shepton Mallet is £121,589 and the estimated rental value is £725 per month.
The apartment is within Tipcote House, Tipcote Hill, Shepton Mallet, BA4.
Tipcote Hill, Shepton Mallet, BA4 is located within the BA4 postal district.
Flat 3, Tipcote House, Shepton Mallet has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Tipcote House, Shepton Mallet is in very good condition we estimate a sale value of £127,668 and a rental value of £761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,078 and a rental value of £674 per month.
Over the last 12 months the sale value of Flat 3 Tipcote House Shepton Mallet has decreased by an estimated £1,435 (1.2%) and its rental value has increased by an estimated £28 per month (3.8%), giving an expected gross yield of 7.2%.
Flat 3, Tipcote House, Shepton Mallet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2024.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 3, Tipcote House, Shepton Mallet was last sold on 27th August 2024 for £130,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Tipcote House, Shepton Mallet within a radius of 730 metres over the last 2 years.
The most recent example is Flat 3, The Old Coach House, Longbridge, Shepton Mallet, BA4 5EN, a leasehold flat which sold for £108,500 on the 14th March 2022.
Read more about house prices in BA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tipcote Hill, Shepton Mallet, BA4 has a total of 22 addresses. According to our analysis of all the public data, Flat 3, Tipcote House, Shepton Mallet is the 15th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in BA4.
The closest station to Flat 3, Tipcote House, Shepton Mallet is Castle Cary station which is 10.4 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 3, Tipcote House, Shepton Mallet, 56.2% of property is privately rented and 15.7% 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, Tipcote House, Shepton Mallet, 12.4% of residents are recorded as possessing school level qualifications and 31.4% 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, Tipcote House, Shepton Mallet, the average age was 40.6 and the most common age was 32.
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, Tipcote House, Shepton Mallet, 0.0% 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, Tipcote House, Shepton Mallet, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
