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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, 3, Hope Close, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 761 ft2 of internal area and sits on a 182 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Hope Close, Wells is £229,519 and the estimated rental value is £1,161 per month.
Hope Close, Wells, BA5 is located within the BA5 postal district.
3, Hope Close, Wells has 21 entries in the Land Registry , most recently in March 2010 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 3, Hope Close, Wells is in very good condition we estimate a sale value of £240,995 and a rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,453 and a rental value of £1,080 per month.
Over the last 12 months the sale value of 3 Hope Close Wells has decreased by an estimated £3,389 (1.5%) and its rental value has increased by an estimated £41 per month (3.5%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 3, Hope Close, Wells sits on a plot of 182m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Hope Close, Wells sits on the 4th largest plot.
According to HM Land Registry, 3, Hope Close, Wells was last sold on 8th March 2010 for £161,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2010, the market for similar properties has risen 88.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Hope Close, Wells within a radius of 630 metres over the last 2 years.
The most recent example is 19, Fairways, Wells, BA5 2DF, a freehold house which sold for £265,000 on the 26th July 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hope Close, Wells, BA5 has a total of 4 addresses. According to our analysis of all the public data, 3, Hope Close, Wells is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in BA5.
The closest station to 3, Hope Close, Wells is Castle Cary station which is 15.6 kilometres away.
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 3, Hope Close, Wells, 52.9% of property is privately owned outright and 25.2% 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 3, Hope Close, Wells, 12.5% of residents are recorded as possessing school level qualifications and 46.2% 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 3, Hope Close, 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 3, Hope Close, Wells, 2.0% 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 3, Hope Close, Wells, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
