According to the public record, Flat 2, 80-82, Cheap Street, Sherborne is a period leasehold apartment with 1,463 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 80-82, Cheap Street, Sherborne, DT9.
Cheap Street, Sherborne, DT9 is located within the DT9 postal district.
Flat 2, 80-82, Cheap Street, Sherborne has 41 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated July 2012.
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 Flat 2 80-82 Cheap Street Sherborne as £255,382 and the rental value as £946 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 2 80-82 Cheap Street Sherborne has increased by £6,107 (2.4%) and its rental value has increased by £60 per month (6.3%).
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 Flat 2, 80-82, Cheap Street, Sherborne is in very good condition we estimate a sale value of £268,151 and rental value of £993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,505 and a rental value of £880 per month.
If you were able to purchase this property for the estimated value of £255,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,255 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, Flat 2, 80-82, Cheap Street, Sherborne was last sold on 29 Nov 2018 for £185,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2018, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of Flat 2, 80-82, Cheap Street, Sherborne over the last 2 years.
The most recent example is The Townhouse, 79, Cheap Street, Sherborne, DT9 3BA, a Leasehold flat which sold for £350,000 in Jan 2019.
Read more about house prices in DT9.
Cheap Street, Sherborne, DT9 has a total of 94 addresses. According to our analysis of all the public data, Flat 2, 80-82, Cheap Street, Sherborne is the 9th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in DT9.
Flat 2, 80-82, Cheap Street, Sherborne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to Flat 2, 80-82, Cheap Street, Sherborne is Sherborne station which is 400 metres 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 Flat 2, 80-82, Cheap Street, Sherborne, 54.7% of property is privately rented and 22.7% 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 Flat 2, 80-82, Cheap Street, Sherborne, 24.0% of residents are recorded as possessing school level qualifications and 39.2% 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 Flat 2, 80-82, Cheap Street, Sherborne, the average age was 49.5 and the most common age was 62.
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 Flat 2, 80-82, Cheap Street, Sherborne, 2.8% 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 Flat 2, 80-82, Cheap Street, Sherborne, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.