According to the public record, 1 Mill Rise Gardens, Mill Rise, Taunton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Mill Rise, Staplegrove, Taunton, TA2.
Mill Rise, Staplegrove, Taunton, TA2 is located in the borough of Somerset West and Taunton within the TA2 postal district.
1 Mill Rise Gardens, Mill Rise, Taunton has 6 entries in the Land Registry database, most recently in September 2024 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Mill Rise Gardens Mill Rise Taunton as £135,378 and the rental value as £707 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1 Mill Rise Gardens Mill Rise Taunton has decreased by £1,353 (1.0%) and its rental value has increased by £40 per month (5.7%).
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 1 Mill Rise Gardens, Mill Rise, Taunton is in very good condition we estimate a sale value of £142,147 and rental value of £742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,901 and a rental value of £657 per month.
If you were able to purchase this property for the estimated value of £135,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £665 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Mill Rise Gardens, Mill Rise, Taunton was last sold on 20 Apr 2021 for £255,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Mill Rise Gardens, Mill Rise, Taunton within a radius of 637m over the last 2 years.
The most recent example is 129, Apple Tree Close, Taunton, TA2 6FF, a Leasehold flat which sold for £146,000 in Jun 2024.
Read more about house prices in TA2.
Mill Rise, Staplegrove, Taunton, TA2 has a total of 13 addresses. According to our analysis of all the public data, 1 Mill Rise Gardens, Mill Rise, Taunton is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in TA2.
The closest station to 1 Mill Rise Gardens, Mill Rise, Taunton is Taunton station which is 2.2 km away.