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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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Oak Lea, Banwell is described in the public record as a period house with 2,206 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Oak Lea, Banwell is £543,492 and its rental estimate is £2,453 per month, given the available information and assuming reasonable condition.
Wolvershill, Banwell, BS29 falls within the BS29 postal district.
Oak Lea, Banwell has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data 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.
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 Oak Lea, Banwell, we estimate a market value of £570,667 and a rental value of £2,576 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £505,448 and £2,281 per month respectively.
Over the last year, Oak Lea, Banwell has seen its estimated sale value drop by £17,781 (3.3%) and its estimated rental value rise by £43 per month (1.7%). This results in an estimated gross rental yield of 5.4%.
Oak Lea, Banwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Oak Lea, Banwell have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th February 2024, was Wide View, Wolvershill, Banwell, BS29 6LA, a freehold house which sold for £620,000.
Read more about house prices in BS29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 45 addresses on Wolvershill, Banwell, BS29, Oak Lea, Banwell comes out as the 6th largest and the 8th most expensive in our analysis of the public data.
It is also £160k more expensive than the average property across the BS29 district.
From Oak Lea, Banwell, the nearest station is Worle, 2.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Oak Lea, Banwell, 43.6% of property is privately owned with a mortgage and 35.5% is privately owned outright.
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 Oak Lea, Banwell, 19.0% of residents are recorded as possessing school level qualifications and 31.4% 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 Oak Lea, Banwell, the average age was 45.6 and the most common age was 72.
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 Oak Lea, Banwell, 0.9% 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 Oak Lea, Banwell, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
