Flat 1, School House
Flat 1, School House
Description & Estimates
Flat 1, School House, Wells is recorded publicly as a period leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, School House, Wells is £107,543 and its rental estimate is £637 per month, given the available information and assuming reasonable condition.
School House, North Grove is a residential building on North Grove, Wells, BA5 and falls within the BA5 postal district.
Our Data Sources
Flat 1, School House, Wells has 21 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated November 2016.
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.
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 Flat 1, School House, Wells, we estimate a market value of £112,920 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,015 and £592 per month respectively.
Recent Market Change
Over the last year, Flat 1, School House, Wells has seen its estimated sale value fall by £1,294 (1.2%) and its estimated rental value move up by £25 per month (3.9%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 1, School House, Wells has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Nov 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
Sold Prices
The most recent sale of Flat 1, School House, Wells completed on 27th July 2017 at £87,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.9% over the period since July 2017.
- Sold Jul 2017£87,500
- Sold May 2000£137,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 890 metres of Flat 1, School House, Wells, per the Land Registry and our network of Estate Agents.
The latest, on the 9th April 2024, was Flat 6, Old School Place, North Grove, Wells, BA5 2TD, a leasehold flat which sold for £88,200.
Read more about house prices in BA5.
- Sold Apr 2024£88,200 | 2 Bed FlatOld School Place, North GroveFlat 6, Old School Place, North Grove, Wells, BA5 2TD
- Sold Dec 2023£88,200 | 2 Bed FlatOld School Place, North GroveFlat 8, Old School Place, North Grove, Wells, BA5 2TD
- Sold Sep 2019£80,500 | 2 Bed FlatOld School Place, North GroveFlat 9, Old School Place, North Grove, Wells, BA5 2TD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on North Grove, Wells, BA5, Flat 1, School House, Wells comes out as the 24th largest and the 8th most expensive in our analysis of the public data.
It is also £254k less expensive than the average property across the BA5 district.
More reading links
Schools Nearby
- 300mStoberry Park School
- 800mSt Joseph and St Teresa Catholic Primary School
- 1.7kmSt Cuthbert's Church of England Junior School
- 1.1kmThe Blue School
- 7.3kmWhitstone
- 8.7kmSt Dunstan's School
More reading links
Public Transport Nearby
From Flat 1, School House, Wells, the nearest station is Castle Cary, 15.0 kilometres away.
- 15.0kmCastle Cary
- 17.5kmBruton
- 22.9kmFrome
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.
