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Wells House Prices

The average house price in Wells is £430,000 using HM Land Registry data.

The average property price increased by £34,252 (10.2%) over the last 5 years and increased by £6,847 (1.89%) over the last 12 months.

Over the last year, there were 174 residential property sales – a decrease of 86 transactions (-49.43%) relative to the previous year. The majority of house sales (49) were in the £244,000 - £338,000 range. Then came properties in the £338,000 - £432,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,495 (-3%).

In Mar 2026, there were 46 new estate agency instructions, 34 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Wells

10.2%

Property prices in Wells increased by 10.2% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Wells Over the Last Year

1.89%

Property prices in Wells increased by 1.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Wells - Mar 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Wells

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Wells

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Wells

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Wells since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wells area since 1995.

Recent Property Sales in Wells

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
56 Balch Road, Wells, BA5 2BZ	£325,000	£315,000	-£10,000	03 Apr 2025	12 Dec 2025	253 Days
15 Kings Castle Road, Wells, BA5 3LS	£435,000	£415,000	-£20,000	29 Jul 2025	11 Dec 2025	135 Days
3 Hay Hill Close, Haybridge, Wells, BA5 1GR	£600,000	£575,000	-£25,000	10 Jul 2025	11 Dec 2025	154 Days
8 Wood Close, Wells, BA5 2GA	£365,000	£365,000	£0	25 Jul 2025	10 Dec 2025	138 Days
5 Woodacre, Wells, BA5 2TE	£450,000	£425,000	-£25,000	11 Jul 2025	27 Nov 2025	139 Days
37 Knight Road, Wells, BA5 1FT	£600,000	£590,000	-£10,000	09 Apr 2025	21 Nov 2025	226 Days
2 Alfred Court, Gate Lane, Wells, BA5 1DJ	£130,000	£123,500	-£6,500	29 Apr 2025	21 Nov 2025	206 Days
3 Glastonbury Road, Wells, BA5 1TW	£695,000	£665,000	-£30,000	27 Jun 2025	19 Nov 2025	145 Days
31 Ash Close, Wells, BA5 2QR	£295,000	£295,000	£0	23 Jul 2025	17 Nov 2025	117 Days
6 Obaco, Cherry Orchard Drive, Wells, BA5 2LN	£750,000	£710,000	-£40,000	26 Dec 2024	03 Nov 2025	312 Days
9 Serel Drive, Wells, BA5 2DQ	£250,000	£238,000	-£12,000	26 Dec 2024	03 Nov 2025	312 Days
30 St Cuthbert Avenue, Wells, BA5 2JW	£296,000	£296,000	£0	24 Apr 2025	31 Oct 2025	190 Days
26 West Street, Wells, BA5 2HG	£200,000	£200,000	£0	25 Apr 2025	31 Oct 2025	189 Days
19 Welsh Court, Wells, BA5 2GD	£120,000	£120,000	£0	01 Jul 2025	31 Oct 2025	122 Days
26 Knight Road, Wells, BA5 1FT	£500,000	£487,000	-£13,000	08 May 2025	29 Oct 2025	174 Days
17 Feltham Close, Wells, BA5 2GH	£340,000	£320,000	-£20,000	17 Jun 2025	24 Oct 2025	129 Days
129 Welsford Avenue, Wells, BA5 2HZ	£330,000	£322,500	-£7,500	25 Mar 2025	15 Oct 2025	204 Days
70 Portway, Wells, BA5 2BP	£575,000	£560,000	-£15,000	02 May 2025	14 Oct 2025	165 Days
11 Pinching Close, Wells, BA5 1FH	£335,000	£335,000	£0	12 May 2025	14 Oct 2025	155 Days
6 Foster Close, Wells, BA5 3NB	£370,000	£355,000	-£15,000	11 Jul 2025	10 Oct 2025	91 Days

Most Expensive Streets in Wells

Postcode	Street	Area	Average	No. of Sales
BA5 2TJ	North Road	Wells	£876,666	3
BA5 2QS	Milton Lane	Wells	£873,333	3
BA5 2UX	St Thomas Street	Wells	£766,250	4
BA5 2LS	Ash Lane	Wells	£733,333	3
BA5 2LX	Ash Grove	Wells	£718,333	3
BA5 2QT	Milton Lane	Wells	£700,125	4
BA5 2LU	Ash Lane	Wells	£675,000	3
BA5 2LN	Cherry Orchard Drive	Wells	£650,000	3
BA5 2PE	Chamberlain Street	Wells	£640,000	3
BA5 2NQ	Wookey Hole Road	Wells	£637,500	4

Least Expensive Streets in Wells

Postcode	Street	Area	Average	No. of Sales
BA5 1SH	Homechime House	Priory Road	£101,471	22
BA5 1UR	Palace Court	Wells	£112,423	13
BA5 2GD	Welsh Court	Wells	£131,500	7
BA5 2DT	Princes Road	Wells	£139,983	3
BA5 2LL	Sheldon Mill	Wells	£161,331	10
BA5 1DJ	Alfred Court	Gate Lane	£164,000	7
BA5 2LG	Five Acre Road	Wells	£169,248	4
BA5 2XX	St Andrews Court	Woodbury Avenue	£170,080	5
BA5 3AF	Kings Castle Court	Bath Road	£178,125	4
BA5 2QX	Mondyes Court	Milton Lane	£181,179	22