River House, Wells
River House, Wells
Description & Estimates
River House, Wells is recorded publicly as a period freehold house across 2,249 ft2 of internal area, sitting on a 797 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of River House, Wells is £649,475 and its rental estimate is £1,459 per month, given the available information and assuming reasonable condition.
Henton, Wells, BA5 falls within the BA5 postal district.
Our Data Sources
River House, Wells has 31 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 River House, Wells, we estimate a market value of £681,949 and a rental value of £1,532 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £604,012 and £1,357 per month respectively.
Recent Market Change
Over the last year, River House, Wells has seen its estimated sale value decrease by £27,950 (4.3%) and its estimated rental value grow by £9 per month (0.6%). This results in an estimated gross rental yield of 2.7%.
Plot Size
HM Land Registry records the plot of land for River House, Wells as measuring 797 m2.
That makes it the 26th largest plot in the postcode, where 42 of the 72 other houses have recorded plot data.
Energy Efficiency
River House, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of River House, Wells completed on 14th February 2014 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 42.7% over the period since February 2014.
- Sold Feb 2014£425,000
- Sold Aug 2011£389,000
- Sold Nov 2006£375,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to River House, Wells have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2019, was Daisy Cottage, Wells, BA5 1PD, a freehold house which sold for £575,000.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 72 addresses on Henton, Wells, BA5, River House, Wells comes out as the 22nd largest and the 30th most expensive in our analysis of the public data.
It is also £288k more expensive than the average property across the BA5 district.
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Schools Nearby
- 1.9kmWookey Primary School
- 3.5kmSt Lawrence's CofE Primary School
- 3.8kmCoxley Primary School
- 5.0kmThe Blue School
- 5.9kmSt Dunstan's School
- 8.4kmCrispin School Academy
More reading links
Public Transport Nearby
From River House, Wells, the nearest station is Highbridge & Burnham, 17.2 kilometres away.
- 17.2kmHighbridge & Burnham
- 18.4kmCastle Cary
- 20.4kmBridgwater
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.
