According to the public record, Flat 5, Orchard Court, Street is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Orchard Court, Orchard Road, Street, BA16.
Orchard Road, Street, BA16 is located in the borough of Mendip within the BA16 postal district.
Flat 5, Orchard Court, Street has a single entry in the Land Registry database from July 2014 and a single entry in the EPC database dated January 2014.
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 5 Orchard Court Street as £102,062 and the rental value as £635 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 5 Orchard Court Street has increased by £870 (0.9%) and its rental value has increased by £50 per month (7.9%).
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 Flat 5, Orchard Court, Street is in very good condition we estimate a sale value of £107,165 and rental value of £667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,918 and a rental value of £591 per month.
If you were able to purchase this property for the estimated value of £102,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £502 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 5, Orchard Court, Street was last sold on 25 Jul 2014 for £93,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2014, the market for similar properties has risen 37.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Orchard Court, Street within a radius of 580 metres over the last 2 years.
The most recent example is Flat 11, Orchard Court, Orchard Road, Street, BA16 0BA, a Leasehold flat which sold for £76,000 in Jul 2020.
Read more about house prices in BA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Road, Street, BA16 has a total of 108 addresses. According to our analysis of all the public data, Flat 5, Orchard Court, Street is the 81st largest and the 96th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in BA16.
Flat 5, Orchard Court, Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2014.
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 Flat 5, Orchard Court, Street is Castle Cary station which is 15.6 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 Flat 5, Orchard Court, Street, 48.0% of property is privately owned outright and 26.5% 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 Flat 5, Orchard Court, Street, 18.7% of residents are recorded as possessing school level qualifications and 31.1% 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 Flat 5, Orchard Court, 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 Flat 5, Orchard Court, Street, 0.9% 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 5, Orchard Court, Street, 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.