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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Pelting Drove, Wells is described in the public record as a period house with 1,011 ft2 of internal area, sitting on a 562 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Pelting Drove, Wells is £493,797 and its rental estimate is £1,310 per month, given the available information and assuming reasonable condition.
Pelting Drove, Priddy, Wells, BA5 falls within the BA5 postal district.
1, Pelting Drove, Wells has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Pelting Drove, Wells, we estimate a market value of £518,486 and a rental value of £1,376 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £459,231 and £1,218 per month respectively.
Over the last year, 1, Pelting Drove, Wells has seen its estimated sale value drop by £5,396 (1.1%) and its estimated rental value rise by £47 per month (3.6%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for 1, Pelting Drove, Wells as measuring 562 m2.
That makes it the 20th largest plot in the postcode, where 27 of the 35 other houses have recorded plot data.
1, Pelting Drove, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Aug 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 1, Pelting Drove, Wells have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2024, was Tree Tops, The Batch, Wells, BA5 3BD, a freehold house which sold for £417,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Pelting Drove, Priddy, Wells, BA5, 1, Pelting Drove, Wells comes out as the 27th largest and the 22nd most expensive in our analysis of the public data.
It is also £132k more expensive than the average property across the BA5 district.
From 1, Pelting Drove, Wells, the nearest station is Yatton , 18.6 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Pelting Drove, Wells, 50.0% of property is privately owned outright and 27.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Pelting Drove, Wells, 18.0% of residents are recorded as possessing school level qualifications and 46.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Pelting Drove, Wells, the average age was 46.1 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Pelting Drove, Wells, 0.9% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Pelting Drove, Wells, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
