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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, 25, Union Street, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,802 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 25, Union Street, Wells is £627,807 and the estimated rental value is £1,413 per month.
Union Street, Wells, BA5 is located within the BA5 postal district.
25, Union Street, Wells has a single entry in the Land Registry from December 2014 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 3 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 25, Union Street, Wells is in very good condition we estimate a sale value of £659,197 and a rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £583,860 and a rental value of £1,314 per month.
Over the last 12 months the sale value of 25 Union Street Wells has decreased by an estimated £17,545 (2.8%) and its rental value has increased by an estimated £24 per month (1.7%), giving an expected gross yield of 2.7%.
According to HM Land Registry, 25, Union Street, Wells was last sold on 17th December 2014 for £478,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2014, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Union Street, Wells within a radius of 660 metres over the last 2 years.
The most recent example is 18, Union Street, Wells, BA5 2PU, a freehold house which sold for £535,250 on the 17th June 2022.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Street, Wells, BA5 has a total of 47 addresses. According to our analysis of all the public data, 25, Union Street, Wells is the largest and the most expensive property on the street.
When compared to the postcode district it is £268k more expensive than the average property in BA5.
The closest station to 25, Union Street, Wells is Castle Cary station which is 15.0 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 25, Union Street, Wells, 42.4% of property is privately rented and 35.2% 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 25, Union Street, Wells, 8.6% of residents are recorded as possessing school level qualifications and 41.2% 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 25, Union Street, 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 25, Union Street, Wells, 0.8% 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 25, Union Street, Wells, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
