Oakfield, Minehead
Oakfield, Minehead
Description & Estimates
Oakfield, Minehead is recorded publicly as a period freehold house across 3,175 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Oakfield, Minehead is £725,551 and its rental estimate is £2,504 per month, given the available information and assuming reasonable condition.
Northfield Road, Minehead, TA24 falls within the TA24 postal district.
Our Data Sources
Oakfield, Minehead has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Oakfield, Minehead, we estimate a market value of £761,828 and a rental value of £2,629 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £674,762 and £2,329 per month respectively.
Recent Market Change
Over the last year, Oakfield, Minehead has seen its estimated sale value move down by £14,661 (2.0%) and its estimated rental value increase by £75 per month (3.0%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
Oakfield, Minehead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Oakfield, Minehead completed on 17th December 2021 at £625,000 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 risen by 1.4% over the period since December 2021.
- Sold Dec 2021£625,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Oakfield, Minehead have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was Highnam Lodge, Church Path, Minehead, TA24 5QG, a freehold house which sold for £735,000.
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 40 addresses on Northfield Road, Minehead, TA24, Oakfield, Minehead comes out as the largest and the most expensive in our analysis of the public data.
It is also £416k more expensive than the average property across the TA24 district.
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Schools Nearby
- 500mSt Michael's Church of England First School
- 800mMinehead First School
- 3.5kmDunster First School
- 1.7kmWest Somerset College
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Public Transport Nearby
From Oakfield, Minehead, the nearest station is Rhoose Cardiff International Airport, 21.6 kilometres away.
- 21.6kmRhoose Cardiff International Airport
- 22.3kmLlantwit Major
- 24.7kmBarry
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.
