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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, Riverdene, Wells is a period freehold house with 1,829 ft2 of internal area and sits on a 1,014 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 Riverdene, Wells is £615,961 and the estimated rental value is £1,377 per month.
Bleadney, Wells, BA5 is located within the BA5 postal district.
Riverdene, Wells has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated August 2023.
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 Riverdene, Wells is in very good condition we estimate a sale value of £646,759 and a rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,844 and a rental value of £1,281 per month.
Over the last 12 months the sale value of Riverdene Wells has decreased by an estimated £17,214 (2.8%) and its rental value has increased by an estimated £23 per month (1.7%), giving an expected gross yield of 2.7%.
According to data from HM Land Registry, Riverdene, Wells sits on a plot of 1014m2.
We have plot size data on 17 out of 26 other houses in the postcode and Riverdene, Wells sits on the 10th largest plot.
Riverdene, Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Riverdene, Wells was last sold on 26th January 2024 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has dropped 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Riverdene, Wells within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Orchard House, Wells, BA5 1PD, a freehold house which sold for £750,000 on the 7th November 2022.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bleadney, Wells, BA5 has a total of 26 addresses. According to our analysis of all the public data, Riverdene, Wells is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £257k more expensive than the average property in BA5.
The closest station to Riverdene, Wells is Highbridge & Burnham station which is 16.4 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 Riverdene, Wells, 57.0% of property is privately owned outright and 32.6% 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 Riverdene, Wells, 12.9% of residents are recorded as possessing school level qualifications and 44.5% 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 Riverdene, Wells, the average age was 46.1 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 Riverdene, Wells, 1.1% 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 Riverdene, Wells, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
