Oak House, Minehead
Oak House, Minehead
Description & Estimates
Oak House, Minehead is recorded publicly as a modern freehold house across 2,346 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Oak House, Minehead is £610,766 and its rental estimate is £2,310 per month, given the available information and assuming reasonable condition.
Periton Mead, Minehead, TA24 falls within the TA24 postal district.
Our Data Sources
Oak House, Minehead has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 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.
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 Oak House, Minehead, we estimate a market value of £641,304 and a rental value of £2,426 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £568,012 and £2,149 per month respectively.
Recent Market Change
Over the last year, Oak House, Minehead has seen its estimated sale value decline by £12,341 (2.0%) and its estimated rental value climb by £69 per month (3.0%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Oak House, Minehead has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 07 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Oak House, Minehead completed on 15th September 2023 at £710,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.7% over the period since September 2023.
- Sold Sep 2023£710,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Oak House, Minehead have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 71, Parkhouse Road, Minehead, TA24 8AE, a freehold house which sold for £585,000.
Read more about house prices in TA24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 31 addresses on Periton Mead, Minehead, TA24, Oak House, Minehead comes out as the largest and the most expensive in our analysis of the public data.
It is also £301k more expensive than the average property across the TA24 district.
More reading links
Schools Nearby
- 1.1kmMinehead First School
- 1.2kmSt Michael's Church of England First School
- 3.4kmTimberscombe Church of England First School
- 2.1kmWest Somerset College
- 21.9kmKingsmead Academy
More reading links
Public Transport Nearby
From Oak House, Minehead, the nearest station is Rhoose Cardiff International Airport, 23.1 kilometres away.
- 23.1kmRhoose Cardiff International Airport
- 23.4kmLlantwit Major
- 26.3kmBarry
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
