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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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The public record describes 4, Melrose Court, Wells as a modern house with 710 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Melrose Court, Wells has an estimated sale value of £335,836 and an estimated rental value of £1,126 per month, assuming reasonable condition and based on the information available.
Melrose Court, Wells, BA5 lies within the BA5 postal district.
4, Melrose Court, Wells has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
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.
In very good condition, we estimate 4, Melrose Court, Wells would be worth £352,628, with a potential rental value of £1,182 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £312,328, with a rental value of £1,047 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Melrose Court, Wells has decreased by £3,670 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (3.6%). The property's estimated gross yield is currently 4.0%.
4, Melrose Court, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 4, Melrose Court, Wells across the last 2 years.
Most recently, 41, Lethbridge Road, Wells, BA5 2FW, a freehold house, sold at £340,000 on the 24th April 2025.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Melrose Court, Wells as the 4th largest and the 4th most expensive of the 6 addresses on Melrose Court, Wells, BA5.
Against the BA5 postcode district average, it is £26k less expensive than the typical property.
Castle Cary station is the nearest stop to 4, Melrose Court, Wells at 15.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Melrose Court, Wells, 37.9% of property is privately owned outright and 30.7% is socially 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 4, Melrose Court, Wells, 15.6% of residents are recorded as possessing school level qualifications and 40.4% 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 4, Melrose Court, 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 4, Melrose Court, Wells, 3.1% 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 4, Melrose Court, Wells, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
