Mitchell Terrace, WELLS, Somerset, BA5
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Mitchell Terrace, WELLS, Somerset, BA5

By Palmer Snell

£ 400,000

Reviews

3 out of 5 stars

Palmer Snell says ..

A beautifully presented and spacious three / four bedroom house with a garage and South facing garden on the popular East side of Wells. This property has been extended to now include a stunning kitchen /dining/ living room with double doors out to the garden. The designer kitchen has been f...

Property Oracle says ..

The property is located in Mitchell Terrace, Wells, Somerset, a desirable area in the South West of England. The presence of several schools within a reasonable distance, including Stoberry Park School and The Blue School, both rated ‘Good’ by Ofsted, is a positive factor for families. While specific details about the location’s proximity to shops and transportation are lacking, the address suggests a residential area likely within reach of amenities in Wells city centre.

The photos reveal a property that appears to be in good condition. A recent extension and renovation are evident, particularly in the kitchen and dining area. The interior is modern and well-maintained, suggesting a high standard of upkeep. The exterior also appears to be in good condition.

The property includes a sizeable garden, as shown in the photographs. This is a significant advantage, providing outdoor space for recreation and relaxation. The garden features a patio area, a greenhouse, and raised garden beds, indicating potential for gardening and outdoor entertaining.

Considering the list price of £400,000, the property seems reasonably priced. While precise square footage data for comparable properties is limited, nearby properties on Mitchell Terrace have sold for prices ranging from £195,000 to £297,500. The subject property’s larger size (1474.33 sqft), recent renovation, and inclusion of a substantial garden justify the higher price. The lack of average price per square foot data for the surrounding streets prevents a more precise price comparison, but based on the available information, the asking price appears to be within the market range for similar properties in the area.

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
9
Location
7
Land
8
Bedrooms
4
Bathrooms
1
Sqft (est)
1,474.33
Lot (est)
1,497.26

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
414,000.00 £
Decreased by 14.53 %
from 484,406.00 £
Est sale value
595,629.32 £
Increased by 31.60 %
from 452,619.31 £
Average area rental value
1,163.00 £/mo
Increased by 22.42 %
from 950.00 £/mo
Est letting value
1,474.33 £/mo
from 0.00 £/mo
Est rental Yield
3.37 %
Increased by 43.40 %
from 2.35 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Palmer Snell created the listing.

Nearby Schools

NameTypeOfstedDistance
Stoberry Park SchoolCommunity SchoolGood1.16 KM
Wells Cathedral SchoolOther Independent School1.40 KM
Horrington Primary SchoolAcademy Converter2.54 KM
The Blue SchoolAcademy ConverterGood2.56 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement3.15 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Foster Close £ 000.00 KM
Teulon Court £ 275,00000.00 KM
St Andrews Street £ 000.00 KM
School Lane £ 875,00000.00 KM
B3139 £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bath Road, Wells £ 425,000BUY6 / 100.05 KM
Bath Road, WELLS, Somerset, BA5 £ 325,000BUYUnknown0.11 KM
Bedford Road, Wells £ 425,000BUY7 / 100.14 KM
Churchill Avenue, Wells £ 499,000BUY7 / 100.16 KM
Churchill Road, Wells, BA5 £ 289,950BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
1 Mitchell Terrace £ 257,0000.00 KM
3 Mitchell Terrace £ 297,5000.00 KM
5 Mitchell Terrace £ 195,0000.00 KM
27a Bath Road £ 237,0000.05 KM
29 Bath Road £ 293,0000.05 KM