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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Melrose House, Wells is a modern freehold house with 1,237 ft2 of internal area and sits on a 311 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Melrose House, Wells is £375,726 and the estimated rental value is £1,493 per month.
Johnson Close, Wells, BA5 is located within the BA5 postal district.
Melrose House, Wells has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated April 2018.
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.
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 Melrose House, Wells is in very good condition we estimate a sale value of £394,513 and a rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,426 and a rental value of £1,388 per month.
Over the last 12 months the sale value of Melrose House Wells has decreased by an estimated £10,501 (2.8%) and its rental value has increased by an estimated £25 per month (1.7%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Melrose House, Wells sits on a plot of 311m2.
We have plot size data on 22 out of 40 other houses in the postcode and Melrose House, Wells sits on the 11th largest plot.
Melrose House, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Melrose House, Wells was last sold on 12th October 2018 for £345,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has risen 24.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melrose House, Wells within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 9, Bedford Road, Wells, BA5 3NH, a freehold house which sold for £392,500 on the 7th October 2025.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Johnson Close, Wells, BA5 has a total of 40 addresses. According to our analysis of all the public data, Melrose House, Wells is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in BA5.
The closest station to Melrose House, Wells is Castle Cary station which is 14.6 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Melrose House, Wells, 40.3% of property is privately owned outright and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Melrose House, Wells, 17.9% of residents are recorded as possessing school level qualifications and 31.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Melrose House, Wells, the average age was 46.2 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Melrose House, Wells, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Melrose House, Wells, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
