holland & odam says ..
Coming to the market for the first time since it was built in 1968 is this detached home in central Wells. Having three bedrooms, front and rear gardens, garage and carport and just a short walk from local amenities. The property would benefit from some updating to release its full potential but ...
Property Oracle says ..
The property is located in Wells, Somerset, a desirable area in the South West of England. The proximity to schools such as The Blue School (rated ‘Good’ by Ofsted) is a positive factor for families. While the average house price in the area is £355,683, this property is listed at £625,000. The property has a plot size of 1,620 sqft, which is relatively modest. The house itself is 1,499 sqft.
Based on the images provided, the property appears to be in need of modernisation. The décor and fixtures are dated, suggesting that significant renovations may be required to bring it up to a modern standard. The garden is of reasonable size and appears well-established, although some areas may require attention.
Considering the list price of £625,000, the average price per sqft in the area is £239. Given the property’s condition and the need for potential renovations, the list price might be considered on the higher end of the market value. However, the location and the presence of a garden contribute positively to its overall appeal. More information on comparable properties in the immediate vicinity would be beneficial for a more precise price evaluation.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 4
- Location
- 8
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,499.00
- Lot (est)
- 1,620.00
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
- 565,123.00 £Increased by 16.36 %
- Average area rental value
- 1,250.00 £/moIncreased by 32.42 %
- Est letting value
- 1,499.00 £/mo
- Est rental Yield
- 5.56 %Increased by 98.57 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
holland & odam created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Blue School | Academy Converter | Good | 0.38 KM |
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 0.68 KM |
| St Cuthbert'S Church Of England Academy Infants And Pre-School | Academy Converter | Good | 0.76 KM |
| Wells Building | Children's Centre Linked Site | 0.79 KM | |
| Wells Cathedral School | Other Independent School | 1.28 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wookey Hole Road | £ 580,000 | 0 | 0.00 KM |
| Melrose Court | £ 0 | 0 | 0.00 KM |
| Westfield Road | £ 0 | 0 | 0.00 KM |
| Valley Close | £ 0 | 0 | 0.00 KM |
| Glastonbury Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melbury, Portway, Wells | £ 625,000 | BUY | 5 / 10 | 0.00 KM |
| Portway, Wells | £ 1,150,000 | BUY | 7 / 10 | 0.02 KM |
| 67 Portway, Wells, Somerset BA5 2BQ | £ 150,000 | BUY | 6 / 10 | 0.09 KM |
| Portway, Wells | £ 150,000 | BUY | 5 / 10 | 0.09 KM |
| Central Wells | £ 525,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Timsbury | £ 370,000 | 0.02 KM |
| 49 Portway | £ 460,000 | 0.02 KM |
| 43 Portway | £ 398,000 | 0.02 KM |
| Sirron | £ 402,000 | 0.02 KM |
| Stone Corner | £ 82,500 | 0.05 KM |