Flat 2, Priory Mews
Flat 2, Priory Mews
Description & Estimates
According to the public record, Flat 2, Priory Mews, Wells is a modern leasehold apartment with 419 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 2, Priory Mews, Wells is £143,752 and the estimated rental value is £735 per month.
The apartment is within Priory Mews, Princes Road, Wells, BA5.
Princes Road, Wells, BA5 is located within the BA5 postal district.
Our Data Sources
Flat 2, Priory Mews, Wells has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated October 2022.
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.
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 2, Priory Mews, Wells is in very good condition we estimate a sale value of £150,940 and a rental value of £772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,690 and a rental value of £683 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Priory Mews, Wells has decreased by £2,043 (1.4%), while its estimated rental value has grown by £25 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
Flat 2, Priory Mews, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 2, Priory Mews, Wells was last sold on 18th December 2024 for £129,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has dropped by 1.8%.
- Sold Dec 2024£129,950
- Sold Nov 2010£81,000
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 2, Priory Mews, Wells within a radius of 580 metres over the last 2 years.
The most recent example is Flat 4, Priory Mews, Princes Road, Wells, BA5 2DT, a leasehold flat which sold for £155,000 on the 4th October 2024.
Read more about house prices in BA5.
- Sold Oct 2024£155,000 | 1 Bed FlatPriory Mews, Princes RoadFlat 4, Priory Mews, Princes Road, Wells, BA5 2DT
- Sold Nov 2022£150,000 | 2 Bed FlatSt. Cuthbert Street39A, St. Cuthbert Street, Wells, BA5 2AW
- Sold Oct 2015£105,000 | 1 Bed FlatPriory Mews, Princes RoadFlat 1, Priory Mews, Princes Road, Wells, BA5 2DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Princes Road, Wells, BA5 has a total of 8 addresses. According to our analysis of all the public data, Flat 2, Priory Mews, Wells is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in BA5.
More reading links
Schools Nearby
- 400mSt Joseph and St Teresa Catholic Primary School
- 600mSt Cuthbert's Church of England Junior School
- 700mSt Cuthbert's Church of England Academy Infants and Pre-School
- 600mThe Blue School
- 7.6kmSt Dunstan's School
- 7.9kmWhitstone
More reading links
Public Transport Nearby
The closest station to Flat 2, Priory Mews, Wells is Castle Cary station, which is 15.0 kilometres away.
- 15.0kmCastle Cary
- 17.8kmBruton
- 22.3kmHighbridge & Burnham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
