Parks Lane, Minehead
FO

Parks Lane, Minehead

By Fox & Sons

£ 525,000

Reviews

3 out of 5 stars

Fox & Sons says ..

Truly wonderful far reaching views over Minehead, surrounding countryside & the Bristol Channel are enjoyed by this beautifully presented detached three bedroom bungalow. The property benefits from gas central heating, double glazing, surrounding gardens, garage & parking.

Property Oracle says ..

The property located on Parks Lane, Minehead, is a 3-bedroom, 2-bathroom house with a total area of 1,197 sqft and a plot size of 1,237 sqft. The list price is £525,000. The property appears to be in good condition based on the provided photographs. The interior is well-maintained and updated, with modern fixtures and fittings. There is evidence of recent renovations or upgrades in the kitchen and bathrooms. The exterior also appears to be well-maintained, with a manicured garden and a paved driveway. The location in Minehead North, Somerset, is favorable. The proximity to several schools, including St Michael’s Church of England First School (rated ‘Good’ by Ofsted) and Foxes Academy (rated ‘Outstanding’), is a significant advantage for families. While nearby transportation information is not available, the property’s location within Minehead suggests reasonable access to local amenities and services. Considering the property’s condition, the sizable garden, and its desirable location, the list price of £525,000 appears relatively high compared to the average price of £410,536 and average price per sqft of £317 in the area. However, the lack of sqft data for comparable properties makes a precise price comparison challenging. The higher price may be justified by the property’s superior condition and the inclusion of a garden, which are not always present in properties of similar size in the area. Further investigation into the specifics of comparable properties would be needed to determine the exact degree of over or undervaluation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
1,197.00
Lot (est)
1,237.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
277,751.00 £
Decreased by 18.45 %
from 340,591.00 £
Est sale value
350,721.00 £
Decreased by 33.71 %
from 529,074.00 £
Average area rental value
695.00 £/mo
Decreased by 16.57 %
from 833.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,197.00 £/mo
Est rental Yield
3.00 %
Increased by 2.39 %
from 2.93 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Fox & Sons created the listing.

Nearby Schools

NameTypeOfstedDistance
St Michael'S Church Of England First SchoolAcademy Sponsor LedGood0.34 KM
Foxes AcademySpecial Post 16 InstitutionOutstanding0.68 KM
Minehead First SchoolAcademy ConverterRequires improvement0.85 KM
Minehead Middle SchoolAcademy ConverterGood1.52 KM
West Coast & ExmoorChildren's Centre2.27 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Post Office Lane £ 147,50000.00 KM
Kensington Grove £ 350,00000.00 KM
Middle Street £ 285,00000.00 KM
Church Street £ 531,99000.00 KM
Lower Park £ 437,47500.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Parks Lane, Minehead £ 350,000BUY7 / 100.00 KM
Parks Lane, Minehead, Somerset, TA24 £ 475,000BUY7 / 100.00 KM
Parks Lane, Minehead £ 525,000BUY7 / 100.00 KM
The Parks, Minehead £ 585,000BUYUnknown0.06 KM
The Parks, Minehead, TA24 £ 225,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
Norcliffe £ 375,0000.00 KM
Cleeve Cottage £ 445,0000.00 KM
34 The Parks £ 290,0000.06 KM
Ash Tree House £ 744,0000.06 KM
Hollytrees £ 465,0000.06 KM