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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Millstream Cottage, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Millstream Cottage, Wells is £343,236 and the estimated rental value is £965 per month.
Croscombe, Wells, BA5 is located within the BA5 postal district.
Millstream Cottage, Wells has 21 entries in the Land Registry , most recently in April 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Millstream Cottage, Wells is in very good condition we estimate a sale value of £360,398 and a rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,210 and a rental value of £898 per month.
Over the last 12 months the sale value of Millstream Cottage Wells has decreased by an estimated £1,605 (0.5%) and its rental value has increased by an estimated £45 per month (4.7%), giving an expected gross yield of 3.4%.
According to HM Land Registry, Millstream Cottage, Wells was last sold on 29th April 2024 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2024, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.5 kilometres radius of Millstream Cottage, Wells over the last 2 years.
The most recent example is The Old Rectory, Wells, BA5 3QN, a freehold house which sold for £1,150,000 on the 25th February 2021.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croscombe, Wells, BA5 has a total of 32 addresses. According to our analysis of all the public data, Millstream Cottage, Wells is the 32nd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in BA5.
The closest station to Millstream Cottage, Wells is Castle Cary station which is 11.6 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 Millstream Cottage, Wells, 57.5% of property is privately owned outright and 29.9% 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 Millstream Cottage, Wells, 11.2% of residents are recorded as possessing school level qualifications and 53.9% 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 Millstream Cottage, Wells, the average age was 47.5 and the most common age was 57.
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 Millstream Cottage, Wells, 2.3% 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 Millstream Cottage, Wells, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
