Flat 4, Priory Mews
Flat 4, Priory Mews
Description & Estimates
According to the public record, Flat 4, Priory Mews, Wells is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Priory Mews, Wells is £134,434 and the estimated rental value is £668 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 4, Priory Mews, Wells has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated November 2023.
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 4, Priory Mews, Wells is in very good condition we estimate a sale value of £141,156 and a rental value of £701 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,024 and a rental value of £621 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, Priory Mews, Wells has fallen by £487 (0.4%), while its estimated rental value has moved up by £30 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 4, Priory Mews, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2023.
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 4, Priory Mews, Wells was last sold on 4th October 2024 for £155,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2024, the market for similar properties has dropped by 6.1%.
- Sold Oct 2024£155,000
- Sold Feb 2018£125,000
- Sold Dec 2001£54,000
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 4, Priory Mews, Wells within a radius of 580 metres over the last 2 years.
The most recent example is Flat 2, Priory Mews, Princes Road, Wells, BA5 2DT, a leasehold flat which sold for £129,950 on the 18th December 2024.
Read more about house prices in BA5.
- Sold Dec 2024£129,950 | 2 Bed FlatFlat 2, Priory Mews, Princes Road, Wells, BA5 2DTFlat 2, Priory Mews, Princes Road, Wells, BA5 2DT
- Sold Nov 2022£150,000 | 2 Bed Flat39A, St. Cuthbert Street, Wells, BA5 2AW39A, St. Cuthbert Street, Wells, BA5 2AW
- Sold Oct 2015£105,000 | 1 Bed FlatFlat 1, Priory Mews, Princes Road, Wells, BA5 2DTFlat 1, Priory Mews, Princes Road, Wells, BA5 2DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Princes Road, Wells, BA5 has a total of 8 addresses. According to our analysis of all the public data, Flat 4, Priory Mews, Wells is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in BA5.
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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 4, 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.
