According to the public record, Market Place Cottage, Frome is a period freehold house and with 1,044 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Market Place, Nunney, Frome, BA11 is located in the borough of Mendip within the BA11 postal district.
Market Place Cottage, Frome has 2 entries in the Land Registry database, most recently in October 2021 and 2 entries in the EPC database, most recently in May 2021.
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 Market Place Cottage Frome as £414,275 and the rental value as £1,315 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Market Place Cottage Frome has increased by £5,802 (1.4%) and its rental value has increased by £82 per month (6.2%).
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 Market Place Cottage, Frome is in very good condition we estimate a sale value of £434,989 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,276 and a rental value of £1,223 per month.
If you were able to purchase this property for the estimated value of £414,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,036 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 data from HM Land Registry, Market Place Cottage, Frome sits on a plot of 341m2.
We have plot size data on 7 out of 10 other houses in the postcode and Market Place Cottage, Frome sits on the 2nd largest plot.
According to HM Land Registry, Market Place Cottage, Frome was last sold on 15 Oct 2021 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Market Place Cottage, Frome within a radius of 366m over the last 2 years.
The most recent example is Lyndhurst, Ridgeway Lane, Frome, BA11 4NS, a Freehold house which sold for £360,000 in Dec 2022.
Read more about house prices in BA11.
Market Place, Nunney, Frome, BA11 has a total of 11 addresses. According to our analysis of all the public data, Market Place Cottage, Frome is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in BA11.
Market Place Cottage, Frome has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 May 2021.
The property is not connected to mains gas and has mostly double glazing. It is heated using an oil fired boiler and radiators.
The closest station to Market Place Cottage, Frome is Frome station which is 5.2 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 Market Place Cottage, Frome, 52.5% of property is privately owned outright and 22.5% 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 Market Place Cottage, Frome, 13.6% of residents are recorded as possessing school level qualifications and 50.2% 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 Market Place Cottage, Frome, the average age was 45.4 and the most common age was 57.
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 Market Place Cottage, Frome, 0.4% 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 Market Place Cottage, Frome, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.