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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, 7, Drake Road, Wells is a mid-century freehold house with 1,140 ft2 of internal area and sits on a 774 m2 plot.
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 7, Drake Road, Wells is £442,452 and the estimated rental value is £1,378 per month.
Drake Road, Wells, BA5 is located within the BA5 postal district.
7, Drake Road, Wells has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property 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 7, Drake Road, Wells is in very good condition we estimate a sale value of £464,575 and a rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,480 and a rental value of £1,281 per month.
Over the last 12 months the sale value of 7 Drake Road Wells has decreased by an estimated £4,835 (1.1%) and its rental value has increased by an estimated £49 per month (3.6%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 7, Drake Road, Wells sits on a plot of 774m2.
We have plot size data on 24 out of 28 other houses in the postcode and 7, Drake Road, Wells sits on the 6th largest plot.
7, Drake Road, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7, Drake Road, Wells was last sold on 17th August 2012 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2012, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Drake Road, Wells within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Kippax Avenue, Wells, BA5 2TT, a freehold house which sold for £540,000 on the 12th December 2024.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drake Road, Wells, BA5 has a total of 54 addresses. According to our analysis of all the public data, 7, Drake Road, Wells is the 31st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in BA5.
The closest station to 7, Drake Road, Wells is Castle Cary station which is 15.1 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 7, Drake Road, Wells, 64.8% of property is privately owned outright and 27.5% 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 7, Drake Road, Wells, 10.6% of residents are recorded as possessing school level qualifications and 58.1% 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 7, Drake 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 7, Drake Road, 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 7, Drake Road, Wells, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
