According to the public record, Riverdene, Wells is a period freehold house and with 1,829 ft2 of internal area and sits on a 1,012 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bleadney, Wells, BA5 is located in the borough of Mendip within the BA5 postal district.
Riverdene, Wells has a single entry in the Land Registry database 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Riverdene Wells as £652,828 and the rental value as £1,400 per month giving an expected gross yield of 2.6%.
Over the last 12 months the sale value of Riverdene Wells has decreased by £13,644 (2.1%) and its rental value has increased by £67 per month (4.8%).
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 £685,470 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £607,130 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £652,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,208 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Riverdene, Wells sits on a plot of 1012m2.
We have plot size data on 20 out of 27 other houses in the postcode and Riverdene, Wells sits on the 11th largest plot.
According to HM Land Registry, Riverdene, Wells was last sold on 26 Jan 2024 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2024, the market for similar properties has dropped 0.3%
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 267m over the last 2 years.
The most recent example is Orchard House, Wells, BA5 1PD, a Freehold house which sold for £750,000 in Nov 2022.
Read more about house prices in BA5.
Bleadney, Wells, BA5 has a total of 27 addresses. According to our analysis of all the public data, Riverdene, Wells is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £295k more expensive than the average property in BA5.
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 an oil fired boiler and radiators.
The closest station to Riverdene, Wells is Highbridge & Burnham station which is 16.4 km away.
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 Greater London 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 Greater London 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.