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According to the public record, Flat 5, 7, Merchants Road, Bristol is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 881 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 5, 7, Merchants Road, Bristol is £168,514 and the estimated rental value is £856 per month.
The apartment is within 7, Merchants Road, Clifton, Bristol, BS8.
Merchants Road, Clifton, Bristol, BS8 is located within the BS8 postal district.
Flat 5, 7, Merchants Road, Bristol has 3 entries in the Land Registry , most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, 7, Merchants Road, Bristol is in very good condition we estimate a sale value of £176,940 and a rental value of £898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,718 and a rental value of £796 per month.
Over the last 12 months the sale value of Flat 5 7 Merchants Road Bristol has decreased by an estimated £3,300 (2.0%) and its rental value has increased by an estimated £36 per month (4.2%), giving an expected gross yield of 6.1%.
According to HM Land Registry, Flat 5, 7, Merchants Road, Bristol was last sold on 7th June 2021 for £264,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 7, Merchants Road, Bristol within a radius of 320 metres over the last 2 years.
The most recent example is 17, Kings Road, Bristol, BS8 4AB, a leasehold flat which sold for £400,000 on the 19th August 2022.
Read more about house prices in BS8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merchants Road, Clifton, Bristol, BS8 has a total of 152 addresses. According to our analysis of all the public data, Flat 5, 7, Merchants Road, Bristol is the 68th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £401k less expensive than the average property in BS8.
The closest station to Flat 5, 7, Merchants Road, Bristol is Clifton Down station which is 1.2 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, 7, Merchants Road, Bristol, 55.6% of property is privately rented and 25.8% is privately owned outright.
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, 7, Merchants Road, Bristol, 14.2% of residents are recorded as possessing school level qualifications and 73.5% 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, 7, Merchants Road, Bristol, the average age was 37.7 and the most common age was 22.
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, 7, Merchants Road, Bristol, 1.8% 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, 7, Merchants Road, Bristol, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.