According to the public record, 2, Ermine Street, Yeovil is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ermine Street, Yeovil, BA21 is located in the borough of South Somerset within the BA21 postal district.
2, Ermine Street, Yeovil has 51 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated January 2020.
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 2 Ermine Street Yeovil as £136,731 and the rental value as £713 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Ermine Street Yeovil has increased by £1,846 (1.4%) and its rental value has increased by £49 per month (6.9%).
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 2, Ermine Street, Yeovil is in very good condition we estimate a sale value of £143,568 and rental value of £748 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,160 and a rental value of £663 per month.
If you were able to purchase this property for the estimated value of £136,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £672 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, 2, Ermine Street, Yeovil was last sold on 12 Apr 2021 for £118,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2021, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ermine Street, Yeovil within a radius of 480 metres over the last 2 years.
The most recent example is 4, Ermine Street, Yeovil, BA21 3QT, a Leasehold flat which sold for £123,000 in May 2023.
Read more about house prices in BA21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ermine Street, Yeovil, BA21 has a total of 59 addresses. According to our analysis of all the public data, 2, Ermine Street, Yeovil is the 47th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in BA21.
2, Ermine Street, Yeovil has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Ermine Street, Yeovil is Yeovil Pen Mill station which is 3.3 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 2, Ermine Street, Yeovil, 50.0% of property is privately rented and 25.4% is privately owned with a mortgage.
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 2, Ermine Street, Yeovil, 20.9% of residents are recorded as possessing school level qualifications and 27.9% 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 2, Ermine Street, Yeovil, the average age was 39.4 and the most common age was 27.
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 2, Ermine Street, Yeovil, 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 2, Ermine Street, Yeovil, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.