A complete guide to property investment in Wells.
Last updated: 18 September 2025
Wells stands out for its steady growth and balanced affordability, with a price-to-income ratio of 6.0 and a median price per square foot of £345 per sq ft. The market here is not especially fast-moving, as properties typically take 65 days to sell, but liquidity is reasonable with 219 transactions in the last year. Rental yields are modest at 3.6%, but the top-performing postcode district offers a slightly better figure of 4.3%.
The area is popular with older residents, as the population aged 60 and over sits in the 95th percentile for Britain, and single occupier households are also unusually common. There is less of a draw for families or younger adults, with both groups well below the national average, which shapes both demand and the type of tenant or buyer you can expect.
Median price per sq ft
£345 / sq ft
Average rental yield
3.6%
Capital growth (1y)
1.0%
Sales in past year
219
* Property stats calculated for last full calendar year (2024).
Live prices in Wells, South West
* Extreme prices clipped for legibility
Median price
£350,000
25% of properties below...
£280,000
75% of properties below...
£531,750
Most expensive property
£2,250,000
Live listings
196
Median days on market
65
Looking ahead, Wells seems set to continue its pattern of steady, unspectacular growth, with annualised three-year growth at 3.7% and a one-year capital growth of 1.0%. The market’s affordability, with a price-to-income ratio of 6.0, should help maintain demand among buyers who are not chasing the highest returns but prefer stability.
Rental demand is likely to remain stable, especially among older and single tenants, though the relatively low rent-to-income ratio of 23.0% means there is little sign of overheating. Investors should not expect rapid capital appreciation, but those seeking long-term, low-drama investments could find Wells appealing. Liquidity is average, so it pays to be patient and focus on the fundamentals.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Wells, South West
£240,000 - Guide Price
3 bedroom flat for sale
St. Thomas Street, Wells, BA5
£410,000
3 bedroom detached bungalow for sale
Woodbury Avenue, Wells
£995,000 - Guide Price
4 bedroom detached house for sale
Four Bedroom Detached House in Well...
£230,000 - Guide Price
2 bedroom cottage for sale
St. Thomas Street, Wells, Somerset,...
£175,000 - Guide Price
3 bedroom terraced house for sale
6 Balch Road, Wells, Somerset BA5 2...
Discounts exist, but they won't transform deal economics on their own.
• Median discount: £5,000
• 1 in 4 properties sell at > £10,000 below asking
• 1 in 10 properties sell at > £20,000 below asking
In percentage terms:
• Median discount of 1.5%
• 25% of properties discounted by > 3.1%
• 10% of properties discounted by > 5.3%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.