8, Monks Ford
8, Monks Ford
Description & Estimates
8, Monks Ford, Wells is recorded publicly as a mid-century freehold house across 904 ft2 of internal area, sitting on a 399 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Monks Ford, Wells is £288,522 and its rental estimate is £1,253 per month, given the available information and assuming reasonable condition.
Monks Ford, Wookey, Wells, BA5 falls within the BA5 postal district.
Our Data Sources
8, Monks Ford, Wells has 3 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated April 2013.
We combine this information with that 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.
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 8, Monks Ford, Wells, we estimate a market value of £302,948 and a rental value of £1,315 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,326 and £1,165 per month respectively.
Recent Market Change
Over the last year, 8, Monks Ford, Wells has seen its estimated sale value decline by £3,153 (1.1%) and its estimated rental value climb by £45 per month (3.6%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 8, Monks Ford, Wells as measuring 399 m2.
That makes it the 3rd largest plot in the postcode, where 8 of the 16 other houses have recorded plot data.
Energy Efficiency
8, Monks Ford, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Apr 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8, Monks Ford, Wells completed on 2nd July 2018 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 35.3% over the period since July 2018.
- Sold Jul 2018£265,000
- Sold Feb 2017£220,000
- Sold Aug 2013£141,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Monks Ford, Wells have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2024, was 35, Holmlea, Wells, BA5 1LG, a freehold house which sold for £250,000.
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 17 addresses on Monks Ford, Wookey, Wells, BA5, 8, Monks Ford, Wells comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the BA5 district.
More reading links
Schools Nearby
- 600mWookey Primary School
- 2.7kmSt Cuthbert's Church of England Academy Infants and Pre-School
- 2.8kmSt Cuthbert's Church of England Junior School
- 3.0kmThe Blue School
- 6.5kmSt Dunstan's School
- 9.2kmCrispin School Academy
More reading links
Public Transport Nearby
From 8, Monks Ford, Wells, the nearest station is Castle Cary, 17.2 kilometres away.
- 17.2kmCastle Cary
- 19.2kmHighbridge & Burnham
- 20.5kmBruton
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.
