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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, Custom House, Minehead is £210,209 and the estimated rental value is £773 per month.
The apartment is within Custom House, Trinity Way, Minehead, TA24.
Trinity Way, Minehead, TA24 is located within the TA24 postal district.
Flat 9, Custom House, Minehead has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 9, Custom House, Minehead is in very good condition we estimate a sale value of £220,719 and a rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,494 and a rental value of £719 per month.
Over the last 12 months the sale value of Flat 9 Custom House Minehead has decreased by an estimated £143 (0.1%) and its rental value has increased by an estimated £39 per month (5.1%), giving an expected gross yield of 4.4%.
Flat 9, Custom House, Minehead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 9, Custom House, Minehead was last sold on 12th February 2024 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2024, the market for similar properties has dropped 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Custom House, Minehead within a radius of 980 metres over the last 2 years.
The most recent example is Flat 20, Marling House, Trinity Way, Minehead, TA24 6GW, a leasehold flat which sold for £200,000 on the 17th January 2024.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trinity Way, Minehead, TA24 has a total of 152 addresses. According to our analysis of all the public data, Flat 9, Custom House, Minehead is the 133rd largest and the 130th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in TA24.
The closest station to Flat 9, Custom House, Minehead is Rhoose Cardiff International Airport station which is 21.6 kilometres away.
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 9, Custom House, Minehead, 50.0% of property is privately owned outright and 36.5% 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 9, Custom House, Minehead, 8.2% of residents are recorded as possessing school level qualifications and 24.3% 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 9, Custom House, 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 9, Custom House, Minehead, 0.7% 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 9, Custom House, Minehead, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.