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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
According to the public record, 3, Old Mill Way, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,344 ft2 of internal area and sits on a 392 m2 plot 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 3, Old Mill Way, Wells is £438,201 and the estimated rental value is £1,463 per month.
Old Mill Way, Wells, BA5 is located within the BA5 postal district.
3, Old Mill Way, Wells has 21 entries in the Land Registry , most recently in May 2012 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, Old Mill Way, Wells is in very good condition we estimate a sale value of £460,111 and a rental value of £1,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,527 and a rental value of £1,361 per month.
Over the last 12 months the sale value of 3 Old Mill Way Wells has decreased by an estimated £12,247 (2.8%) and its rental value has increased by an estimated £25 per month (1.7%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 3, Old Mill Way, Wells sits on a plot of 392m2.
We have plot size data on 20 out of 20 other houses in the postcode and 3, Old Mill Way, Wells sits on the 5th largest plot.
According to HM Land Registry, 3, Old Mill Way, Wells was last sold on 10th May 2012 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Old Mill Way, Wells within a radius of 870 metres over the last 2 years.
The most recent example is 28, Osmond Drive, Wells, BA5 2JX, a freehold house which sold for £430,000 on the 5th December 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Way, Wells, BA5 has a total of 20 addresses. According to our analysis of all the public data, 3, Old Mill Way, Wells is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in BA5.
The closest station to 3, Old Mill Way, Wells is Castle Cary station which is 14.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Old Mill Way, Wells, % of property is and % is .
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, Old Mill Way, Wells, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Old Mill Way, 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 3, Old Mill Way, Wells, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
