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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 49A, Balch Road, Wells is £138,845 and the estimated rental value is £781 per month.
The apartment is within 49, Balch Road, Wells, BA5.
Balch Road, Wells, BA5 is located within the BA5 postal district.
49A, Balch Road, Wells has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 49A, Balch Road, Wells is in very good condition we estimate a sale value of £145,787 and a rental value of £820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,126 and a rental value of £726 per month.
Over the last 12 months the sale value of 49A Balch Road Wells has decreased by an estimated £1,639 (1.2%) and its rental value has increased by an estimated £30 per month (3.8%), giving an expected gross yield of 6.7%.
49A, Balch Road, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2019.
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, 49A, Balch Road, Wells was last sold on 5th August 2020 for £182,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2020, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49A, Balch Road, Wells within a radius of 570 metres over the last 2 years.
The most recent example is 7, Sheldon Mill, Wells, BA5 2LL, a leasehold flat which sold for £135,000 on the 22nd January 2026.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balch Road, Wells, BA5 has a total of 90 addresses. According to our analysis of all the public data, 49A, Balch Road, Wells is the 89th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in BA5.
The closest station to 49A, Balch Road, Wells is Castle Cary station which is 15.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 49A, Balch Road, Wells, 37.7% of property is privately owned with a mortgage and 35.3% is privately owned outright.
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 49A, Balch Road, Wells, 15.7% of residents are recorded as possessing school level qualifications and 30.7% 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 49A, Balch 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 49A, Balch 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 49A, Balch 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.