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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Mendip House, Cheddar is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,786 ft2 of internal area 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 Mendip House, Cheddar is £747,974 and the estimated rental value is £2,133 per month.
Draycott Road, Cheddar, BS27 is located within the BS27 postal district.
Mendip House, Cheddar has a single entry in the Land Registry from April 2008 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 1 out of 5 and is considered of low 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 Mendip House, Cheddar is in very good condition we estimate a sale value of £785,373 and a rental value of £2,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £695,616 and a rental value of £1,984 per month.
Over the last 12 months the sale value of Mendip House Cheddar has decreased by an estimated £12,534 (1.7%) and its rental value has increased by an estimated £68 per month (3.2%), giving an expected gross yield of 3.4%.
According to HM Land Registry, Mendip House, Cheddar was last sold on 11th April 2008 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mendip House, Cheddar within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Halfway Farm, Draycott Road, Cheddar, BS27 3RR, a freehold house which sold for £715,000 on the 22nd October 2021.
Read more about house prices in BS27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Draycott Road, Cheddar, BS27 has a total of 62 addresses. According to our analysis of all the public data, Mendip House, Cheddar is the 29th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £385k more expensive than the average property in BS27.
The closest station to Mendip House, Cheddar is Worle station which is 14.2 kilometres away.
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 Mendip House, Cheddar, 47.1% of property is privately owned outright and 44.4% 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 Mendip House, Cheddar, 19.8% of residents are recorded as possessing school level qualifications and 40.5% 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 Mendip House, Cheddar, the average age was 45.9 and the most common age was 52.
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 Mendip House, Cheddar, 0.0% 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 Mendip House, Cheddar, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
