BURWOOD HOUSE, 15, UNION STREET, WELLS, SOMERSET, BA5 2PU
Last sold for £520,000 in 2021. Get an instant property valuation based on current market data and comparable sales.
Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
BURWOOD HOUSE, 15 UNION STREET is a flat in WELLS, SOMERSET.
First sale date of 2016 suggests this property has been part of the BA5 2PU market for 10 years.
Transaction History
First recorded sale was in 2016 at £480,000, with 2 total transactions recorded over the property's history.
Latest sale occurred on 4 June 2021 for £520,000, representing a 8.3% increase from the previous sale in 2016.
Over 10 years of ownership history, this property has seen 2 ownership changes, averaging approximately 5.0 years between sales.
Since last selling in 2021, the property's estimated value has grown by approximately £304,629, representing a 10% annual growth rate over 4.8 years.
Location Context
Located in the Wells administrative ward of Somerset.
Sits within the Wells and Mendip Hills parliamentary constituency.
Positioned in the Mendip 008A Lower Super Output Area (LSOA), which forms part of Mendip 008 Middle Super Output Area (MSOA).
Falls within the Wells parish area.
Positioned within the South West region.
Market Position
Ranks as the 3rd most expensive property in BA5 2PU based on latest sale prices, placing it in the top 14% of properties in the postcode.
Priced 91.7% above the BA5 2PU average of £271,298 for all property types.
Current estimated value ranges from £742,166 to £907,092, with a central estimate of £824,629 based on market growth trends.
Comparative Market Analysis
UNION STREET has 19 recorded properties with an average sale price of £292,803. This property is 77.6% above the street average.
Across all property types in BA5 2PU, 1 properties have sold over the past 12 months at an average of £375,000.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| 04/06/2021 | £520,000 | +8.3% | flat |
| 19/02/2016 | £480,000 | - | flat |
Price History
Market Statistics - BA5 2PU
Property Types
Similar Properties in BA5 2PU
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .