Union Street - BA5 2TY
Key Postcode Insights
BA5 2TY is a residential postcode situated on Union Street, Wells, BA5 with 2 addresses.
It ranks as the 214th largest and 556th most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £309,746
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £1,396pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £278/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
BA5 2TY is a residential postcode situated on Union Street, Wells, BA5 with 2 addresses.
It ranks as the 214th largest and 556th most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £309,746
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £1,396pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £278/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin BA5 2TY
Sales Market Trends
The last sale in BA5 2TY sold for £270,000 on 24th January 2024. Since then prices are down an average of 0.9%.
The current average value in the postcode is £309,746.
The BA5 2TY Sales Market has increased by 33.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £309,746 |
| June 2025 | 2.1% | £313,220 |
| June 2024 | -3.5% | £306,796 |
| June 2023 | 3.9% | £318,019 |
| June 2022 | 15.6% | £306,205 |
| June 2021 | 3.6% | £264,865 |
| June 2020 | 3.5% | £255,776 |
| June 2019 | -0.6% | £247,111 |
| June 2018 | 3.1% | £248,524 |
| June 2017 | 4.2% | £241,057 |
| June 2016 | 8.1% | £231,435 |
| June 2015 | 3.9% | £214,171 |
| June 2014 | 7.4% | £206,040 |
| June 2013 | 3.7% | £191,884 |
| June 2012 | -1% | £185,041 |
| June 2011 | -1.5% | £186,828 |
| June 2010 | 0.8% | £189,688 |
| June 2009 | -6.3% | £188,177 |
| June 2008 | 0.3% | £200,886 |
| June 2007 | 0% | £200,207 |
Rental Market Trends
The current average rental value in the postcode is £1,396.
The BA5 2TY Rental Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,396pcm |
| June 2025 | 5.9% | £1,350pcm |
| June 2024 | 5.1% | £1,276pcm |
| June 2023 | 5.5% | £1,214pcm |
| June 2022 | 11% | £1,150pcm |
| June 2021 | 10% | £1,036pcm |
| June 2020 | 1% | £942pcm |
| June 2019 | 1.4% | £933pcm |
| June 2018 | 2.3% | £920pcm |
| June 2017 | 4.6% | £899pcm |
| June 2016 | 4.4% | £859pcm |
| June 2015 | 1.9% | £823pcm |
| June 2014 | 2.9% | £808pcm |
| June 2013 | 0.1% | £785pcm |
| June 2012 | 1.1% | £784pcm |
| June 2011 | 1.5% | £775pcm |
| June 2010 | 4.4% | £764pcm |
| June 2009 | -6.1% | £732pcm |
| June 2008 | 2.7% | £779pcm |
| June 2007 | 0% | £759pcm |
Sales History
The last sale was on 24th January 2024 for £270,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 2 sales since 1995.
BA5 2TY has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
BA5 2TY is the 214th largest and the 556th most expensive postcode out of the 1,505 postcodes in the BA5 area.
- BA5 2SA, Deans Place, Wells, BA5BA5 2SA7 Addresses|39 m away
- BA5 2RL, Union Street, Wells, BA5BA5 2RL17 Addresses|47 m away
- BA5 2AJ, High Street, Wookey, Wells, BA5BA5 2AJ11 Addresses|47 m away
- BA5 2SN, High Street, Wookey, Wells, BA5BA5 2SN9 Addresses|59 m away
- BA5 2AG, High Street, Wookey, Wells, BA5BA5 2AG2 Addresses|60 m away
Property Types
- 2 modern houses built after 1980
- modern house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2024£575,000 | 3 Bed HouseSt. Josephs Cottage, Union Street, Wells, BA5 2PUSt. Josephs Cottage, Union Street, Wells, BA5 2PU
- Sold Jun 2022£535,250 | 4 Bed House18, Union Street, Wells, BA5 2PU18, Union Street, Wells, BA5 2PU
- Sold Dec 2014£478,000 | 4 Bed House25, Union Street, Wells, BA5 2PU25, Union Street, Wells, BA5 2PU
Schools Nearby
- St Joseph and St Teresa Catholic Primary School300 m away
- St Cuthbert's Church of England Junior School800 m away
- Stoberry Park School900 m away
- The Blue School600 m away
- Whitstone7.8 km away
- St Dunstan's School7.8 km away
More reading links
Public Transport Nearby
The closest station to BA5 2TY is Castle Cary station, which is 14.9 kilometres away.
- Castle Cary|14.9 km away
- Bruton|17.7 km away
- Highbridge & Burnham|22.6 km away
- Frome|23.7 km away
