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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, 5, Colles Road, Wells is a mid-century house with 957 ft2 of internal area.
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 5, Colles Road, Wells is £350,659 and the estimated rental value is £1,341 per month.
Colles Road, Wells, BA5 is located within the BA5 postal district.
5, Colles Road, Wells has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
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.
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 5, Colles Road, Wells is in very good condition we estimate a sale value of £368,192 and a rental value of £1,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,113 and a rental value of £1,247 per month.
Over the last 12 months the sale value of 5 Colles Road Wells has decreased by an estimated £5,177 (1.5%) and its rental value has increased by an estimated £48 per month (3.5%), giving an expected gross yield of 4.6%.
5, Colles Road, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Colles Road, Wells within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 7, Colles Close, Wells, BA5 3JY, a freehold house which sold for £315,000 on the 22nd March 2022.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colles Road, Wells, BA5 has a total of 8 addresses. According to our analysis of all the public data, 5, Colles Road, Wells is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in BA5.
The closest station to 5, Colles Road, Wells is Castle Cary station which is 14.9 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 5, Colles Road, Wells, 60.2% of property is privately owned outright and 30.5% 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 5, Colles Road, Wells, 16.6% of residents are recorded as possessing school level qualifications and 53.9% 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 5, Colles Road, 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 5, Colles Road, Wells, 1.0% 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 5, Colles Road, Wells, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
