Lower Flat, 2
Lower Flat, 2
Description & Estimates
Lower Flat, 2, Wristland Road, Watchet is recorded publicly as a period Leasehold apartment across 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Lower Flat, 2, Wristland Road, Watchet is £88,085 and its rental estimate is £531 per month, given the available information and assuming reasonable condition.
2, Wristland Road is a residential building on Wristland Road, Watchet, TA23 and falls within the TA23 postal district.
Our Data Sources
Lower Flat, 2, Wristland Road, Watchet has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated February 2021.
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.
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 Lower Flat, 2, Wristland Road, Watchet, we estimate a market value of £92,490 and a rental value of £557 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,919 and £494 per month respectively.
Recent Market Change
Over the last year, Lower Flat, 2, Wristland Road, Watchet has seen its estimated sale value climb by £175 (0.2%) and its estimated rental value rise by £26 per month (4.9%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Lower Flat, 2, Wristland Road, Watchet has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Lower Flat, 2, Wristland Road, Watchet completed on 28th April 2021 at £82,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.4% over the period since April 2021.
- Sold Apr 2021£82,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Lower Flat, 2, Wristland Road, Watchet have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2024, was 1A, Doniford Road, Watchet, TA23 0DE, a leasehold flat which sold for £142,500.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Wristland Road, Watchet, TA23, Lower Flat, 2, Wristland Road, Watchet comes out as the 27th largest and the 32nd most expensive in our analysis of the public data.
It is also £175k less expensive than the average property across the TA23 district.
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Schools Nearby
- 400mKnights Templar Community Church School & Nursery
- 1.4kmSt Peter's Church of England First School
- 3.2kmOld Cleeve Church of England First School
- 9.8kmWest Somerset College
- 15.6kmKingsmead Academy
- 17.5kmBrymore Academy
More reading links
Public Transport Nearby
From Lower Flat, 2, Wristland Road, Watchet, the nearest station is Rhoose Cardiff International Airport, 23.2 kilometres away.
- 23.2kmRhoose Cardiff International Airport
- 23.3kmTaunton
- 24.0kmBarry Island
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
