Palace Court, Silver Street - BA5 1UR
Key Building Insights
Palace Court, Silver Street is a residential building situated on Silver Street, Wells, BA5 with 27 addresses.
It ranks as the 455th largest and 58th most expensive of the 459 buildings in the BA5 area. The most common property type is a modern flat built after 1980.
The building contains a total of 27 properties: 27 flats.
- Ave. Sale Price
- £119,227
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £683pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Building Insights
Palace Court, Silver Street is a residential building situated on Silver Street, Wells, BA5 with 27 addresses.
It ranks as the 455th largest and 58th most expensive of the 459 buildings in the BA5 area. The most common property type is a modern flat built after 1980.
The building contains a total of 27 properties: 27 flats.
- Ave. Sale Price
- £119,227
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £683pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertieson Silver Street, Wells, BA5
- Flat 1 Palace Court
2 Bed Modern Flat
- Flat 2 Palace Court
2 Bed Modern Flat
- Flat 3 Palace Court
2 Bed Modern Flat
- Flat 4 Palace Court
2 Bed Modern Flat
- Flat 5 Palace Court
2 Bed Modern Flat
Sales Market Trends
The last sale in Palace Court, Silver Street sold for £125,000 on 19th December 2025. Since then prices are down an average of 0.6%.
The current average value in the building is £119,227.
The Palace Court, Silver Street Sales Market has increased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £119,227 |
| June 2025 | 0.4% | £120,759 |
| June 2024 | -2.3% | £120,253 |
| June 2023 | 3.7% | £123,103 |
| June 2022 | 11.3% | £118,722 |
| June 2021 | 1.2% | £106,692 |
| June 2020 | 2.8% | £105,404 |
| June 2019 | -1.3% | £102,484 |
| June 2018 | 1.6% | £103,842 |
| June 2017 | 1.5% | £102,239 |
| June 2016 | 7.2% | £100,741 |
| June 2015 | 2.9% | £93,977 |
| June 2014 | 7.1% | £91,348 |
| June 2013 | 2.2% | £85,267 |
| June 2012 | -1.9% | £83,393 |
| June 2011 | -2.2% | £85,046 |
| June 2010 | -0.8% | £86,975 |
| June 2009 | -7.1% | £87,656 |
| June 2008 | 1.9% | £94,373 |
| June 2007 | 0% | £92,589 |
Rental Market Trends
The current average rental value in the building is £683.
The Palace Court, Silver Street Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £683pcm |
| June 2025 | 4.1% | £662pcm |
| June 2024 | 6.4% | £635pcm |
| June 2023 | 5.3% | £597pcm |
| June 2022 | 6.8% | £567pcm |
| June 2021 | 7.6% | £531pcm |
| June 2020 | 0.3% | £493pcm |
| June 2019 | 0.6% | £492pcm |
| June 2018 | 0.8% | £489pcm |
| June 2017 | 2% | £485pcm |
| June 2016 | 3.6% | £475pcm |
| June 2015 | 0.9% | £459pcm |
| June 2014 | 2.6% | £455pcm |
| June 2013 | -1.3% | £443pcm |
| June 2012 | 0.1% | £449pcm |
| June 2011 | 0.8% | £449pcm |
| June 2010 | 2.8% | £445pcm |
| June 2009 | -6.9% | £433pcm |
| June 2008 | 4.3% | £465pcm |
| June 2007 | 0% | £446pcm |
Sales History
The last sale was on 19th December 2025 for £125,000 and since then the market in the area has decreased by 0.6%. The building has had a total of 81 sales since 1995.
Palace Court, Silver Street, Wells, BA5 1UR has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£125,000 | 2 Bed FlatFlat 16, Palace Court, Silver Street, Wells, BA5 1URFlat 16, Palace Court, Silver Street, Wells, BA5 1UR
- Sold Sep 2025£140,000 | 2 Bed FlatFlat 25, Palace Court, Silver Street, Wells, BA5 1URFlat 25, Palace Court, Silver Street, Wells, BA5 1UR
- Sold Apr 2025£94,500 | 2 Bed FlatFlat 4, Palace Court, Silver Street, Wells, BA5 1URFlat 4, Palace Court, Silver Street, Wells, BA5 1UR
- Sold Nov 2024£119,500 | 2 Bed FlatFlat 26, Palace Court, Silver Street, Wells, BA5 1URFlat 26, Palace Court, Silver Street, Wells, BA5 1UR
- Sold Dec 2023£115,000 | 2 Bed FlatFlat 1, Palace Court, Silver Street, Wells, BA5 1URFlat 1, Palace Court, Silver Street, Wells, BA5 1UR
Property Types
- 24 modern flats built after 1980
- 1 flat of an unknown age
- 2 other addresses of unknown type
- modern flat (24)
- flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (21)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2011£499,999 | 4 Bed HouseFairhaven, Silver Street, Wells, BA5 1UNFairhaven, Silver Street, Wells, BA5 1UN
- Sold Feb 2022£485,000 | 4 Bed House9, Silver Street, Wells, BA5 1UN9, Silver Street, Wells, BA5 1UN
- Sold Sep 2021£375,000 | 3 Bed House14, Silver Street, Wells, BA5 1UN14, Silver Street, Wells, BA5 1UN
Schools Nearby
- St Joseph and St Teresa Catholic Primary School500 m away
- St Cuthbert's Church of England Junior School800 m away
- St Cuthbert's Church of England Academy Infants and Pre-School900 m away
- The Blue School800 m away
- Whitstone7.6 km away
- St Dunstan's School7.7 km away
More reading links
Public Transport Nearby
The closest station to Palace Court, Silver Street, Wells, BA5 1UR is Castle Cary station, which is 14.7 kilometres away.
- Castle Cary|14.7 km away
- Bruton|17.5 km away
- Highbridge & Burnham|22.7 km away
- Frome|23.6 km away
