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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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According to the public record, 2, Monks Ford, Wells is a early-century house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Monks Ford, Wells is £263,029 and the estimated rental value is £1,177 per month.
Monks Ford, Wookey, Wells, BA5 is located within the BA5 postal district.
2, Monks Ford, Wells has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Monks Ford, Wells is in very good condition we estimate a sale value of £276,181 and a rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,617 and a rental value of £1,095 per month.
Over the last 12 months the sale value of 2 Monks Ford Wells has decreased by an estimated £2,874 (1.1%) and its rental value has increased by an estimated £42 per month (3.6%), giving an expected gross yield of 5.4%.
2, Monks Ford, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Monks Ford, Wells within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 17, Knowle Lane, Wells, BA5 1LB, a freehold house which sold for £205,000 on the 3rd March 2020.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Ford, Wookey, Wells, BA5 has a total of 17 addresses. According to our analysis of all the public data, 2, Monks Ford, Wells is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in BA5.
The closest station to 2, Monks Ford, Wells is Castle Cary station which is 17.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Monks Ford, Wells, 31.3% of property is socially rented and 27.3% is privately owned outright.
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 2, Monks Ford, Wells, 20.1% of residents are recorded as possessing school level qualifications and 27.9% 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 2, Monks Ford, 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 2, Monks Ford, Wells, 0.0% 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 2, Monks Ford, Wells, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
