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 %
- Est sale value
- 219,779.69 £Increased by 16.36 %
- Average area rental value
- 1,250.00 £/moIncreased by 32.42 %
- Est letting value
- 582.97 £/mo
- Est rental Yield
- 5.56 %Increased by 98.57 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Palmer Snell created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 0.51 KM |
| Wells Building | Children's Centre Linked Site | 0.55 KM | |
| The Blue School | Academy Converter | Good | 0.56 KM |
| St Cuthbert'S Church Of England Academy Infants And Pre-School | Academy Converter | Good | 0.57 KM |
| Wells Cathedral School | Other Independent School | 1.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Westfield Road | £ 0 | 0 | 0.00 KM |
| Valley Close | £ 0 | 0 | 0.00 KM |
| Wookey Hole Road | £ 580,000 | 0 | 0.00 KM |
| Melrose Court | £ 0 | 0 | 0.00 KM |
| Coronation Road | £ 195,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Reakes Close, Wells, Somerset, BA5 | £ 260,000 | BUY | 7 / 10 | 0.00 KM |
| Durkheim Drive, Wells, BA5 | £ 245,000 | BUY | 6 / 10 | 0.09 KM |
| 6 Balch Road, Wells, Somerset BA5 2BZ | £ 175,000 | BUY | 5 / 10 | 0.10 KM |
| Portway, Wells, BA5 | £ 399,950 | BUY | 6 / 10 | 0.10 KM |
| Portway, Wells, Somerset, BA5 | £ 210,000 | BUY | 7 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Reakes Close | £ 185,000 | 0.00 KM |
| 12a Reakes Close | £ 260,121 | 0.00 KM |
| 5 Reakes Close | £ 175,000 | 0.00 KM |
| 12 Reakes Close | £ 218,000 | 0.00 KM |
| 43 Durkheim Drive | £ 172,000 | 0.08 KM |