According to the public record, Lily Cottage, Somerton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 986 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
West End, Somerton, TA11 is located in the borough of South Somerset within the TA11 postal district.
Lily Cottage, Somerton has 2 entries in the Land Registry database, most recently in April 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Lily Cottage Somerton as £279,991 and the rental value as £1,422 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Lily Cottage Somerton has increased by £247 (0.1%) and its rental value has increased by £76 per month (5.4%).
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 Lily Cottage, Somerton is in very good condition we estimate a sale value of £293,991 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,392 and a rental value of £1,323 per month.
If you were able to purchase this property for the estimated value of £279,991, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,376 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, Lily Cottage, Somerton was last sold on 01 Apr 2021 for £229,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lily Cottage, Somerton within a radius of 660 metres over the last 2 years.
The most recent example is 92, Behind Berry, Somerton, TA11 6SF, a Freehold house which sold for £292,500 in Aug 2023.
Read more about house prices in TA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West End, Somerton, TA11 has a total of 34 addresses. According to our analysis of all the public data, Lily Cottage, Somerton is the 24th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in TA11.
The closest station to Lily Cottage, Somerton is Yeovil Pen Mill station which is 15.1 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 Lily Cottage, Somerton, 57.8% of property is privately owned outright and 25.2% 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 Lily Cottage, Somerton, 10.5% of residents are recorded as possessing school level qualifications and 30.8% 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 Lily Cottage, Somerton, the average age was 46.9 and the most common age was 72.
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 Lily Cottage, Somerton, 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 Lily Cottage, Somerton, 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.