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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
According to the public record, Olive Barn, Somerton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,534 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 Olive Barn, Somerton is £432,611 and the estimated rental value is £1,601 per month.
Babcary, Somerton, TA11 is located within the TA11 postal district.
Olive Barn, Somerton has 2 entries in the Land Registry , most recently in September 2023 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 Olive Barn, Somerton is in very good condition we estimate a sale value of £454,242 and a rental value of £1,681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,329 and a rental value of £1,489 per month.
Over the last 12 months the sale value of Olive Barn Somerton has decreased by an estimated £7,186 (1.7%) and its rental value has increased by an estimated £57 per month (3.5%), giving an expected gross yield of 4.4%.
According to HM Land Registry, Olive Barn, Somerton was last sold on 29th September 2023 for £565,750 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Olive Barn, Somerton within a radius of 4.3 kilometres over the last 2 years.
The most recent example is Flagstones Cottage, Main Street, Somerton, TA11 7DZ, a freehold house which sold for £503,000 on the 5th January 2023.
Read more about house prices in TA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Babcary, Somerton, TA11 has a total of 44 addresses. According to our analysis of all the public data, Olive Barn, Somerton is the 24th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in TA11.
The closest station to Olive Barn, Somerton is Castle Cary station which is 7.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Olive Barn, Somerton, 54.6% of property is privately owned outright and 25.5% 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 Olive Barn, Somerton, 14.6% of residents are recorded as possessing school level qualifications and 42.7% 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 Olive Barn, Somerton, the average age was 48.7 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 Olive Barn, Somerton, 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 Olive Barn, Somerton, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
