According to the public record, 18, Somerset Way, Bristol is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Somerset Way, Paulton, Bristol, BS39 is located within the BS39 postal district.
18, Somerset Way, Bristol has 21 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Somerset Way Bristol as £156,498 and the rental value as £889 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 18 Somerset Way Bristol has increased by £235 (0.2%) and its rental value has increased by £65 per month (7.3%).
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 18, Somerset Way, Bristol is in very good condition we estimate a sale value of £164,322 and rental value of £933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,543 and a rental value of £827 per month.
If you were able to purchase this property for the estimated value of £156,498, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £769 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, 18, Somerset Way, Bristol was last sold on 05 Apr 2013 for £83,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2013, the market for similar properties has risen 49.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Somerset Way, Bristol within a radius of 620 metres over the last 2 years.
The most recent example is 20, Somerset Way, Bristol, BS39 7YU, a Leasehold flat which sold for £150,000 in Jan 2024.
Read more about house prices in BS39.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Way, Paulton, Bristol, BS39 has a total of 85 addresses. According to our analysis of all the public data, 18, Somerset Way, Bristol is the 78th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in BS39.
18, Somerset Way, Bristol has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18, Somerset Way, Bristol is Oldfield Park station which is 11.5 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 18, Somerset Way, Bristol, 45.5% of property is privately owned with a mortgage and 27.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 18, Somerset Way, Bristol, 18.0% of residents are recorded as possessing school level qualifications and 32.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Somerset Way, Bristol, the average age was 42 and the most common age was 52.
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 18, Somerset Way, Bristol, 1.1% 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 18, Somerset Way, Bristol, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.