Reakes Close, Wells, Somerset, BA5
PA

Reakes Close, Wells, Somerset, BA5

By Palmer Snell

£ 260,000

Reviews

3 out of 5 stars

Palmer Snell says ..

A well presented two bedroom bungalow with a larger than average garden, a short walk to the centre of Wells. The property has been refurbished throughout with a newly fitted kitchen and bathroom and has new flooring throughout. The kitchen includes an electric oven and hob, stainless steel ...

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house with a total area of 582.97 sqft situated on a 581.25 sqft plot. The list price is £260,000. The property appears to have recently undergone some renovations, specifically to the kitchen and bathroom, as evidenced by the photos. The kitchen features modern cabinets and appliances. The bathroom is also modern and well-maintained. The flooring appears new throughout the property. The property benefits from a garden, which is a desirable feature for many buyers. The size of the garden is relatively modest, but sufficient for a small family or couple. The location in Wells, Somerset, is generally considered desirable. The proximity to several schools, including St Cuthbert’s Cofe Junior School and The Blue School (both rated ‘Good’ or better by Ofsted), is a significant positive. However, information regarding transportation links is missing, which could impact the overall location score. Considering the average price per sqft in the area is £239, and this property is listed at £260,000, the price seems reasonable, particularly given the apparent recent renovations. The smaller size of the property compared to the area average (582.97 sqft vs 1485 sqft) is reflected in the lower list price. However, a direct comparison is difficult due to the lack of sqft data for nearby comparable properties. The nearby properties on Reakes Close show prices ranging from £172,000 to £260,121, which provides some context for the listing price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
582.97
Lot (est)
581.25

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
270,000.00 £
Decreased by 33.31 %
from 404,881.00 £
Est sale value
219,779.69 £
Increased by 16.36 %
from 188,882.28 £
Average area rental value
1,250.00 £/mo
Increased by 32.42 %
from 944.00 £/mo
Est letting value
582.97 £/mo
from 0.00 £/mo
Est rental Yield
5.56 %
Increased by 98.57 %
from 2.80 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Palmer Snell created the listing.

Nearby Schools

NameTypeOfstedDistance
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement0.51 KM
Wells BuildingChildren's Centre Linked Site0.55 KM
The Blue SchoolAcademy ConverterGood0.56 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood0.57 KM
Wells Cathedral SchoolOther Independent School1.57 KM

Images

PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY

Nearby Streets

NameAverage PriceAverage SqftDistance
Westfield Road £ 000.00 KM
Valley Close £ 000.00 KM
Wookey Hole Road £ 580,00000.00 KM
Melrose Court £ 000.00 KM
Coronation Road £ 195,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Reakes Close, Wells, Somerset, BA5 £ 260,000BUY7 / 100.00 KM
Durkheim Drive, Wells, BA5 £ 245,000BUY6 / 100.09 KM
6 Balch Road, Wells, Somerset BA5 2BZ £ 175,000BUY5 / 100.10 KM
Portway, Wells, BA5 £ 399,950BUY6 / 100.10 KM
Portway, Wells, Somerset, BA5 £ 210,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
8 Reakes Close £ 185,0000.00 KM
12a Reakes Close £ 260,1210.00 KM
5 Reakes Close £ 175,0000.00 KM
12 Reakes Close £ 218,0000.00 KM
43 Durkheim Drive £ 172,0000.08 KM