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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, Priory Place, Wells is a period freehold house with 893 ft2 of internal area and sits on a 265 m2 plot.
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, Priory Place, Wells is £392,066 and the estimated rental value is £1,201 per month.
Priory Place, Wells, BA5 is located within the BA5 postal district.
2, Priory Place, Wells has 2 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Priory Place, Wells is in very good condition we estimate a sale value of £411,670 and a rental value of £1,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,622 and a rental value of £1,117 per month.
Over the last 12 months the sale value of 2 Priory Place Wells has decreased by an estimated £5,788 (1.5%) and its rental value has increased by an estimated £43 per month (3.5%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Priory Place, Wells sits on a plot of 265m2.
We have plot size data on 6 out of 7 other houses in the postcode and 2, Priory Place, Wells sits on the 2nd largest plot.
2, Priory Place, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Priory Place, Wells was last sold on 6th February 2015 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2015, the market for similar properties has risen 50.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Priory Place, Wells within a radius of 670 metres over the last 2 years.
The most recent example is 3, Silver Street, Wells, BA5 1UN, a freehold house which sold for £330,000 on the 27th November 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priory Place, Wells, BA5 has a total of 7 addresses. According to our analysis of all the public data, 2, Priory Place, Wells is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in BA5.
The closest station to 2, Priory Place, Wells is Castle Cary station which is 14.7 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, Priory Place, Wells, 45.3% of property is privately owned outright and 30.4% is privately rented.
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, Priory Place, Wells, 5.5% of residents are recorded as possessing school level qualifications and 35.8% 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 2, Priory Place, Wells, the average age was 48.2 and the most common age was 72.
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, Priory Place, Wells, 3.2% 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, Priory Place, Wells, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
