On average Wells has average deprivation and low crime levels, with around 65 crimes per 1,000 residents per year, about 24% below the South West average of 85 per 1,000. Approximately 12.1% of homes in this area are social housing provided by a local council or housing association. The average income per household in Wells is £48,824 per year. The median sale price in Wells is £320,000 (around £354 per square foot), with typical sale prices between £250,000 and £426,250. There are 5 schools in Wells: 4 primary (0 Outstanding and 4 Good) and 1 secondary (0 Outstanding and 1 Good). Wells is home to around 11,145 people, with a population density of about 2,036.8 per km².
Based on 168 recent sales, the median property price is £320,000 (about £354 per square foot) in Wells area, with individual transactions ranging from £99,000 up to £995,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 30 | £615,000 | £381 |
| Semi-Detached | 49 | £322,500 | £383 |
| Terraced | 61 | £315,000 | £335 |
| Flats | 28 | £186,500 | £286 |
Sale price
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £447,500 | £183,000 | £232,000 | £225,000 |
| 2017 | £440,000 | £151,750 | £250,000 | £230,000 |
| 2018 | £425,000 | £190,000 | £260,000 | £230,000 |
| 2019 | £425,000 | £163,000 | £255,500 | £222,000 |
| 2020 | £415,000 | £187,500 | £280,000 | £266,000 |
| 2021 | £454,225 | £177,000 | £285,000 | £266,500 |
| 2022 | £500,000 | £195,000 | £302,500 | £280,000 |
| 2023 | £525,000 | £181,500 | £319,000 | £295,000 |
| 2024 | £500,000 | £189,000 | £320,000 | £310,000 |
| 2025 | £575,000 | £182,500 | £326,250 | £312,500 |
| 2026 | £625,000 | £190,000 | £318,750 | £300,000 |
Price per sq ft
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £297 | £280 | £276 | £244 |
| 2017 | £299 | £248 | £284 | £258 |
| 2018 | £325 | £279 | £298 | £268 |
| 2019 | £291 | £256 | £285 | £263 |
| 2020 | £316 | £283 | £294 | £273 |
| 2021 | £368 | £269 | £311 | £289 |
| 2022 | £383 | £318 | £360 | £327 |
| 2023 | £406 | £285 | £376 | £341 |
| 2024 | £385 | £310 | £361 | £329 |
| 2025 | £382 | £288 | £397 | £327 |
| 2026 | £378 | £289 | £379 | £342 |
Annual council tax rates for Somerset district.
Council tax bands are based on the value of your property. Most homes fall into bands A to D.