According to the public record, 38, Silver Road, Street is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Silver Road, Street, BA16 is located in the borough of Mendip within the BA16 postal district.
38, Silver Road, Street has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 38 Silver Road Street as £102,740 and the rental value as £635 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 38 Silver Road Street has increased by £1,036 (1.0%) and its rental value has increased by £51 per month (8.0%).
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 38, Silver Road, Street is in very good condition we estimate a sale value of £107,877 and rental value of £667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,549 and a rental value of £590 per month.
If you were able to purchase this property for the estimated value of £102,740, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £505 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Silver Road, Street within a radius of 0m over the last 2 years.
The most recent example is 36, Silver Road, Street, BA16 0JS, a Leasehold flat which sold for £82,995 in Jan 2020.
Read more about house prices in BA16.
Silver Road, Street, BA16 has a total of 44 addresses. According to our analysis of all the public data, 38, Silver Road, Street is the 40th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in BA16.
38, Silver Road, Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2018.
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 38, Silver Road, Street is Castle Cary station which is 15.6 km 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 38, Silver Road, Street, 43.5% of property is privately owned outright and 27.5% 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 38, Silver Road, Street, 23.3% of residents are recorded as possessing school level qualifications and 35.6% 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 38, Silver Road, Street, the average age was 42.7 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 38, Silver Road, Street, 1.8% 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 38, Silver Road, Street, 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.