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According to the public record, Flat 5, 24, The Parks, Minehead is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 24, The Parks, Minehead is £96,871 and the estimated rental value is £601 per month.
The apartment is within 24, The Parks, Minehead, TA24.
The Parks, Minehead, TA24 is located within the TA24 postal district.
Flat 5, 24, The Parks, Minehead has 31 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, 24, The Parks, Minehead is in very good condition we estimate a sale value of £101,714 and a rental value of £631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,090 and a rental value of £559 per month.
Over the last 12 months the sale value of Flat 5 24 The Parks Minehead has decreased by an estimated £490 (0.5%) and its rental value has increased by an estimated £26 per month (4.3%), giving an expected gross yield of 7.4%.
Flat 5, 24, The Parks, Minehead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Nov 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 5, 24, The Parks, Minehead was last sold on 4th September 2015 for £61,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2015, the market for similar properties has risen 40.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 24, The Parks, Minehead within a radius of 570 metres over the last 2 years.
The most recent example is Flat 8, 24, The Parks, Minehead, TA24 8BT, a leasehold flat which sold for £110,000 on the 27th January 2023.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parks, Minehead, TA24 has a total of 127 addresses. According to our analysis of all the public data, Flat 5, 24, The Parks, Minehead is the 108th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in TA24.
The closest station to Flat 5, 24, The Parks, Minehead is Rhoose Cardiff International Airport station which is 22.2 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 5, 24, The Parks, Minehead, 53.8% of property is privately owned outright and 29.1% 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 5, 24, The Parks, Minehead, 12.5% of residents are recorded as possessing school level qualifications and 40.5% 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 5, 24, The Parks, 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 5, 24, The Parks, Minehead, 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 5, 24, The Parks, Minehead, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.