1, Monks Ford
1, Monks Ford
Description & Estimates
1, Monks Ford, Wells appears in the public record as a freehold house sitting on a 317 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 479 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Monks Ford, Wells is £202,747 and its rental estimate is £913 per month, given the available information and assuming reasonable condition.
Monks Ford, Wookey, Wells, BA5 falls within the BA5 postal district.
Our Data Sources
1, Monks Ford, Wells has a single entry in the Land Registry from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Monks Ford, Wells, we estimate a market value of £212,885 and a rental value of £959 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,555 and £849 per month respectively.
Recent Market Change
Over the last year, 1, Monks Ford, Wells has seen its estimated sale value fall by £1,223 (0.6%) and its estimated rental value move up by £39 per month (4.2%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 1, Monks Ford, Wells as measuring 317 m2.
That makes it the 5th largest plot in the postcode, where 8 of the 16 other houses have recorded plot data.
Sold Prices
The most recent sale of 1, Monks Ford, Wells completed on 1st October 2007 at £120,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.0% over the period since October 2007.
- Sold Oct 2007£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Monks Ford, Wells have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2019, was 12 Stiles Court, Parsons Way, Wells, BA5 2FX, a freehold house which sold for £160,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Monks Ford, Wookey, Wells, BA5, 1, Monks Ford, Wells comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the BA5 district.
More reading links
Schools Nearby
- 600mWookey Primary School
- 2.7kmSt Cuthbert's Church of England Academy Infants and Pre-School
- 2.8kmSt Cuthbert's Church of England Junior School
- 3.0kmThe Blue School
- 6.5kmSt Dunstan's School
- 9.2kmCrispin School Academy
More reading links
Public Transport Nearby
From 1, Monks Ford, Wells, the nearest station is Castle Cary, 17.2 kilometres away.
- 17.2kmCastle Cary
- 19.2kmHighbridge & Burnham
- 20.5kmBruton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
