6, Market Street
6, Market Street
Description & Estimates
6, Market Street, Wells is recorded publicly as a period freehold house across 624 ft2 of internal area, sitting on a 108 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 6, Market Street, Wells is £232,061 and its rental estimate is £1,075 per month, given the available information and assuming reasonable condition.
Market Street, Wells, BA5 falls within the BA5 postal district.
Our Data Sources
6, Market Street, Wells has 41 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Market Street, Wells, we estimate a market value of £243,664 and a rental value of £1,129 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,816 and £1,000 per month respectively.
Recent Market Change
Over the last year, 6, Market Street, Wells has seen its estimated sale value drop by £1,400 (0.6%) and its estimated rental value rise by £46 per month (4.2%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 6, Market Street, Wells as measuring 108 m2.
That makes it the 10th largest plot in the postcode, where 16 of the 19 other houses have recorded plot data.
Energy Efficiency
6, Market Street, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Sep 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6, Market Street, Wells completed on 16th August 2024 at £202,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 3.1% over the period since August 2024.
- Sold Aug 2024£202,000
- Sold Aug 2004£167,000
- Sold Oct 2003£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Market Street, Wells have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2024, was 30, St. Cuthbert Street, Wells, BA5 2AW, a freehold house which sold for £194,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Market Street, Wells, BA5, 6, Market Street, Wells comes out as the 22nd largest and the 19th most expensive in our analysis of the public data.
It is also £129k less expensive than the average property across the BA5 district.
More reading links
Schools Nearby
- 400mSt Joseph and St Teresa Catholic Primary School
- 700mSt Cuthbert's Church of England Junior School
- 700mSt Cuthbert's Church of England Academy Infants and Pre-School
- 600mThe Blue School
- 7.7kmSt Dunstan's School
- 7.8kmWhitstone
More reading links
Public Transport Nearby
From 6, Market Street, Wells, the nearest station is Castle Cary, 14.9 kilometres away.
- 14.9kmCastle Cary
- 17.7kmBruton
- 22.4kmHighbridge & Burnham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
