Drake Road - BA5 3LE
Key Postcode Insights
BA5 3LE is a residential postcode situated on Drake Road, Wells, BA5 with 26 addresses.
It ranks as the 1338th largest and 766th most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £371,953
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,410pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
BA5 3LE is a residential postcode situated on Drake Road, Wells, BA5 with 26 addresses.
It ranks as the 1338th largest and 766th most expensive of the 1,505 postcodes in the BA5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £371,953
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,410pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin BA5 3LE
- 28 Drake Road
Unknown
- 30 Drake Road
4 Bed House
- 32 Drake Road
Unknown
- 34 Drake Road
Unknown
- 36 Drake Road
Unknown
Sales Market Trends
The last sale in BA5 3LE sold for £500,000 on 21st June 2024. Since then prices are down an average of 0.6%.
The current average value in the postcode is £371,953.
The BA5 3LE Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £371,953 |
| June 2025 | 1.5% | £381,797 |
| June 2024 | -3.6% | £376,085 |
| June 2023 | 4.1% | £390,165 |
| June 2022 | 15.5% | £374,653 |
| June 2021 | 3.8% | £324,401 |
| June 2020 | 3.8% | £312,465 |
| June 2019 | -0.8% | £301,157 |
| June 2018 | 3.1% | £303,514 |
| June 2017 | 3.4% | £294,511 |
| June 2016 | 8% | £284,913 |
| June 2015 | 3.5% | £263,726 |
| June 2014 | 7.4% | £254,779 |
| June 2013 | 3.7% | £237,334 |
| June 2012 | -0.6% | £228,936 |
| June 2011 | -1.1% | £230,272 |
| June 2010 | 1.4% | £232,829 |
| June 2009 | -5.3% | £229,620 |
| June 2008 | 0.9% | £242,450 |
| June 2007 | 0% | £240,291 |
Rental Market Trends
The current average rental value in the postcode is £1,410.
The BA5 3LE Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,410pcm |
| June 2025 | 5.3% | £1,384pcm |
| June 2024 | 5% | £1,314pcm |
| June 2023 | 5.8% | £1,252pcm |
| June 2022 | 10.8% | £1,184pcm |
| June 2021 | 10.5% | £1,069pcm |
| June 2020 | 1.1% | £968pcm |
| June 2019 | 1.1% | £957pcm |
| June 2018 | 2.3% | £946pcm |
| June 2017 | 4% | £925pcm |
| June 2016 | 4.4% | £890pcm |
| June 2015 | 1.5% | £852pcm |
| June 2014 | 2.8% | £840pcm |
| June 2013 | 0% | £817pcm |
| June 2012 | 1.6% | £817pcm |
| June 2011 | 1.9% | £804pcm |
| June 2010 | 5.1% | £789pcm |
| June 2009 | -5.1% | £751pcm |
| June 2008 | 3.2% | £791pcm |
| June 2007 | 0% | £766pcm |
Sales History
The last sale was on 21st June 2024 for £500,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 26 sales since 1995.
BA5 3LE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£500,000 | 4 Bed House51, Drake Road, Wells, BA5 3LE51, Drake Road, Wells, BA5 3LE
- Sold Dec 2021£442,500 | 3 Bed House49, Drake Road, Wells, BA5 3LE49, Drake Road, Wells, BA5 3LE
- Sold Sep 2021£267,500 | 3 Bed House48, Drake Road, Wells, BA5 3LE48, Drake Road, Wells, BA5 3LE
- Sold May 2021£300,000 | 4 Bed House50, Drake Road, Wells, BA5 3LE50, Drake Road, Wells, BA5 3LE
- Sold Mar 2021£410,000 | 3 Bed House63, Drake Road, Wells, BA5 3LE63, Drake Road, Wells, BA5 3LE
Nearby Postcodes
BA5 3LE is the 1338th largest and the 766th most expensive postcode out of the 1,505 postcodes in the BA5 area.
- BA5 3JY, Colles Close, Wells, BA5BA5 3JY8 Addresses|57 m away
- BA5 3JJ, Hawkers Lane, Wells, BA5BA5 3JJ9 Addresses|69 m away
- BA5 3JW, Hawkers Lane, Wells, BA5BA5 3JW8 Addresses|103 m away
- BA5 3JZ, Colles Road, Wells, BA5BA5 3JZ8 Addresses|109 m away
- BA5 3JT, Kidder Bank, Wells, BA5BA5 3JT14 Addresses|127 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 15 other addresses of unknown type
- mid-century house (10)
- house (1)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (16)
Top 3 Most Expensive Sales
Schools Nearby
- Stoberry Park School700 m away
- St Joseph and St Teresa Catholic Primary School1.4 km away
- Horrington Primary School1.6 km away
- The Blue School1.6 km away
- Whitstone6.9 km away
- St Dunstan's School9.3 km away
More reading links
Public Transport Nearby
The closest station to BA5 3LE is Castle Cary station, which is 15.0 kilometres away.
- Castle Cary|15.0 km away
- Bruton|17.3 km away
- Frome|22.4 km away
- Highbridge & Burnham|23.7 km away
