Flat 8, Palace Court Silver Street, Wells, BA5 1UR is a leasehold flat built between 1983-1990. The property offers approximately 538 square feet of living space. In this location, apartments of similar size usually have one bedroom.
The estimated current market value of the property is £143,441 , which equates to approximately £267 per square foot. It was last sold on 4 Apr 2017 for £122,000. Since then, the value has increased by £21,441, representing a 17.6% increase, or approximately 2.0% per year.
The current estimated value of £143,441 is:
Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.
At the most recent EPC inspection on 15 March 2022, the property was recorded as rented.
Flat 8, Palace Court Silver Street, Wells, Mendip, Somerset, BA5 1UR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Mar 2022.
This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.
The previous EPC assessment was conducted on 1 Dec 2010. The rating of C remains the same, but the energy efficiency score improved by 5.6%.
Since the previous assessment, several changes were observed:
Compared to other properties in BA5 1UR , this flat's estimated value ranks 1st out of 24. Based on price per square foot, it ranks 2nd out of 23 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 23 properties in its postcode area.
The property at Flat 8, Palace Court Silver Street, Wells, BA5 1UR appears four times in the Land Registry records, with the latest transaction recorded on 4 Apr 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Mar 2022. We use this data, to estimate the property's characteristics and current market value.
This website uses public sector information from:HM Land Registry Price Paid Data, and
Energy Performance of Buildings Data published by the Department for Levelling Up, Housing and Communities (DLUHC), formerly the Ministry of Housing, Communities & Local Government (MHCLG).
These datasets are licensed under the Open
Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.