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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, 9, Drake Road, Wells is a mid-century freehold house with 1,399 ft2 of internal area and sits on a 772 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Drake Road, Wells is £497,746 and the estimated rental value is £1,489 per month.
Drake Road, Wells, BA5 is located within the BA5 postal district.
9, Drake Road, Wells has 21 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated October 2017.
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 9, Drake Road, Wells is in very good condition we estimate a sale value of £522,634 and a rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,904 and a rental value of £1,385 per month.
Over the last 12 months the sale value of 9 Drake Road Wells has decreased by an estimated £13,703 (2.8%) and its rental value has increased by an estimated £22 per month (1.5%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 9, Drake Road, Wells sits on a plot of 772m2.
We have plot size data on 24 out of 28 other houses in the postcode and 9, Drake Road, Wells sits on the 7th largest plot.
9, Drake Road, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 9, Drake Road, Wells was last sold on 18th July 2018 for £415,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2018, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Drake Road, Wells within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 21, Drake Road, Wells, BA5 3JX, a freehold house which sold for £525,000 on the 20th November 2023.
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, 9, Drake Road, Wells is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in BA5.
The closest station to 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.
