According to the public record, Westmead Cottage, Wells is a period house with 2,507 ft2 of internal area and sits on a 5,744 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.
Westmead Cottage, Wells has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
We combine this information with public data 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 Westmead Cottage Wells as £778,428 and the rental value as £1,526 per month giving an expected gross yield of 2.4%.
Over the last 12 months the sale value of Westmead Cottage Wells has decreased by £16,269 (2.1%) and its rental value has increased by £73 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 Westmead Cottage, Wells is in very good condition we estimate a sale value of £817,349 and rental value of £1,602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £723,938 and a rental value of £1,419 per month.
If you were able to purchase this property for the estimated value of £778,428, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,826 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, Westmead Cottage, Wells sits on a plot of 5744m2.
We have plot size data on 20 out of 27 other houses in the postcode and Westmead Cottage, Wells sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Westmead Cottage, Wells within a radius of 270m over the last 2 years.
The most recent example is Heron House, Wells, BA5 1PF, a Freehold house which sold for £985,000 in Aug 2023.
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, Westmead Cottage, Wells is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £420k more expensive than the average property in BA5.
Westmead Cottage, Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Dec 2014.
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 Westmead Cottage, 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 Westmead Cottage, 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 Westmead Cottage, 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 Westmead Cottage, 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 Westmead Cottage, 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 Westmead Cottage, 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.