Flat 9, Old School Place
Flat 9, Old School Place
Description & Estimates
Flat 9, Old School Place, Wells is described in the public record as a modern apartment with 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 9, Old School Place, Wells is £85,111 and its rental estimate is £489 per month, given the available information and assuming reasonable condition.
Old School Place, North Grove is a residential building on North Grove, Wells, BA5 and falls within the BA5 postal district.
Our Data Sources
Flat 9, Old School Place, Wells has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 9, Old School Place, Wells, we estimate a market value of £89,367 and a rental value of £513 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,153 and £455 per month respectively.
Recent Market Change
Over the last year, Flat 9, Old School Place, Wells has seen its estimated sale value decrease by £1,210 (1.4%) and its estimated rental value grow by £17 per month (3.5%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 9, Old School Place, Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 9, Old School Place, Wells completed on 4th February 2000 at £37,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Feb 2000£37,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, Old School Place, Wells have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was Flat 8, Old School Place, North Grove, Wells, BA5 2TD, a leasehold flat which sold for £88,200.
Read more about house prices in BA5.
- Sold Dec 2023£88,200 | 2 Bed FlatOld School Place, North GroveFlat 8, Old School Place, North Grove, Wells, BA5 2TD
- Sold Jun 2017£70,000 | 2 Bed FlatOld School Place, North GroveFlat 3, Old School Place, North Grove, Wells, BA5 2TD
- Sold Oct 2016£80,500 | 2 Bed FlatOld School Place, North GroveFlat 10, 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 9, Old School Place, Wells comes out as the 14th largest and the 23rd most expensive in our analysis of the public data.
It is also £276k less expensive than the average property across the BA5 district.
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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 9, Old School Place, 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.
