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According to the public record, Markastel, Radstock is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,279 ft2 of internal area and sits on a 425 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Markastel, Radstock is £312,929 and the estimated rental value is £1,551 per month.
Wells Road, Chilcompton, Radstock, BA3 is located within the BA3 postal district.
Markastel, Radstock has a single entry in the Land Registry from June 2007 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 5 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 Markastel, Radstock is in very good condition we estimate a sale value of £328,576 and a rental value of £1,628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,024 and a rental value of £1,442 per month.
Over the last 12 months the sale value of Markastel Radstock has decreased by an estimated £7,606 (2.4%) and its rental value has increased by an estimated £41 per month (2.6%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, Markastel, Radstock sits on a plot of 425m2.
We have plot size data on 44 out of 54 other houses in the postcode and Markastel, Radstock sits on the 27th largest plot.
According to HM Land Registry, Markastel, Radstock was last sold on 4th June 2007 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 48.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Markastel, Radstock within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 36, Wells Road, Radstock, BA3 4EX, a freehold house which sold for £360,000 on the 6th September 2023.
Read more about house prices in BA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Road, Chilcompton, Radstock, BA3 has a total of 123 addresses. According to our analysis of all the public data, Markastel, Radstock is the 59th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in BA3.
The closest station to Markastel, Radstock is Frome station which is 13.8 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 Markastel, Radstock, 46.9% of property is privately owned outright and 37.5% is privately owned with a mortgage.
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 Markastel, Radstock, 19.0% of residents are recorded as possessing school level qualifications and 28.3% 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 Markastel, Radstock, the average age was 43.7 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 Markastel, Radstock, 0.6% 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 Markastel, Radstock, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.