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According to the public record, Stepps House, Ilminster is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,899 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 Stepps House, Ilminster is £611,995 and the estimated rental value is £2,191 per month.
Broadway, Ilminster, TA19 is located within the TA19 postal district.
Stepps House, Ilminster has a single entry in the Land Registry from September 2020 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 2 out of 5 and is considered of medium 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 Stepps House, Ilminster is in very good condition we estimate a sale value of £642,595 and a rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £569,155 and a rental value of £2,038 per month.
Over the last 12 months the sale value of Stepps House Ilminster has decreased by an estimated £6,654 (1.1%) and its rental value has increased by an estimated £73 per month (3.3%), giving an expected gross yield of 4.3%.
According to HM Land Registry, Stepps House, Ilminster was last sold on 15th September 2020 for £562,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Stepps House, Ilminster within a radius of 3.2 kilometres over the last 2 years.
The most recent example is Yatford Farm House, Ilminster, TA19 9RE, a freehold house which sold for £585,000 on the 10th December 2021.
Read more about house prices in TA19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadway, Ilminster, TA19 has a total of 76 addresses. According to our analysis of all the public data, Stepps House, Ilminster is the 21st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £272k more expensive than the average property in TA19.
The closest station to Stepps House, Ilminster is Taunton station which is 13.8 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 Stepps House, Ilminster, 60.8% of property is privately owned outright and 26.5% 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 Stepps House, Ilminster, 12.5% of residents are recorded as possessing school level qualifications and 40.8% 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 Stepps House, Ilminster, the average age was 47.1 and the most common age was 72.
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 Stepps House, Ilminster, 0.8% 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 Stepps House, Ilminster, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.