Flat 5, Spencer House
Flat 5, Spencer House
Description & Estimates
Flat 5, Spencer House, Bristol is described in the public record as a mid-century apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, Spencer House, Bristol is £93,410 and its rental estimate is £652 per month, given the available information and assuming reasonable condition.
Spencer House, Mede Close is a residential building on Mede Close, Bristol, BS1 and falls within the BS1 postal district.
Our Data Sources
Flat 5, Spencer House, Bristol has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data 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.
Price Range & Condition
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 5, Spencer House, Bristol, we estimate a market value of £98,081 and a rental value of £685 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,871 and £607 per month respectively.
Recent Market Change
Over the last year, Flat 5, Spencer House, Bristol has seen its estimated sale value decrease by £1,289 (1.4%) and its estimated rental value grow by £25 per month (3.9%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 5, Spencer House, Bristol has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2015.
The property is not connected to mains gas and has partial double glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 5, Spencer House, Bristol have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2017, was Flat 7, Patterson House, Prewett Street, Bristol, BS1 6PF, a leasehold flat which sold for £124,000.
Read more about house prices in BS1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 88 addresses on Mede Close, Bristol, BS1, Flat 5, Spencer House, Bristol comes out as the 82nd largest and the 82nd most expensive in our analysis of the public data.
It is also £201k less expensive than the average property across the BS1 district.
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Schools Nearby
- 400mSt Mary Redcliffe Church of England Primary School
- 800mHoly Cross RC Primary School
- 1.0kmVictoria Park Primary School
- 100mSt Mary Redcliffe and Temple School
- 300mOasis Academy Temple Quarter
- 1.0kmBristol Cathedral Choir School
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Public Transport Nearby
From Flat 5, Spencer House, Bristol, the nearest station is Bristol Temple Meads, 600 metres away.
- 600mBristol Temple Meads
- 800mBedminster
- 1.9kmParson Street
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
