Flat 1, The Old Engine Shed
Flat 1, The Old Engine Shed
Description & Estimates
According to the public record, Flat 1, The Old Engine Shed, Wells is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, The Old Engine Shed, Wells is £242,703 and the estimated rental value is £1,019 per month.
The apartment is within The Old Engine Shed, Westfield Road, Wells, BA5.
Westfield Road, Wells, BA5 is located within the BA5 postal district.
Our Data Sources
Flat 1, The Old Engine Shed, Wells has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data 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
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 Flat 1, The Old Engine Shed, Wells is in very good condition we estimate a sale value of £254,838 and a rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,713 and a rental value of £948 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, The Old Engine Shed, Wells has dropped by £3,449 (1.4%), while its estimated rental value has risen by £35 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 1, The Old Engine Shed, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, The Old Engine Shed, Wells within a radius of 540 metres over the last 2 years.
The most recent example is Apartment 26, St. Athelm Lodge, West Street, Wells, BA5 2GW, a leasehold flat which sold for £297,950 on the 23rd September 2020.
Read more about house prices in BA5.
- Sold Sep 2020£297,950 | 2 Bed FlatSt. Athelm Lodge, West StreetApartment 26, St. Athelm Lodge, West Street, Wells, BA5 2GW
- Sold Aug 2020£264,450 | 2 Bed FlatSt. Athelm Lodge, West StreetApartment 27, St. Athelm Lodge, West Street, Wells, BA5 2GW
- Sold Nov 2017£235,000 | 2 Bed FlatUnion Street3 King Alfreds Courtyard, Union Street, Wells, BA5 2RL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Westfield Road, Wells, BA5 has a total of 17 addresses. According to our analysis of all the public data, Flat 1, The Old Engine Shed, Wells is the 7th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in BA5.
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Schools Nearby
- 500mSt Cuthbert's Church of England Junior School
- 500mSt Joseph and St Teresa Catholic Primary School
- 600mSt Cuthbert's Church of England Academy Infants and Pre-School
- 500mThe Blue School
- 7.5kmSt Dunstan's School
- 8.1kmWhitstone
More reading links
Public Transport Nearby
The closest station to Flat 1, The Old Engine Shed, Wells is Castle Cary station, which is 15.1 kilometres away.
- 15.1kmCastle Cary
- 18.0kmBruton
- 22.1kmHighbridge & Burnham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
