All investment areas

Property investment stats for Wells, South West

A complete guide to property investment in Wells.

Last updated: 18 September 2025

Investment summary

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.

Image of Wells, South West

Key investment stats for Wells

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 property stats in Wells

Live prices in Wells, South West

* Extreme prices clipped for legibility

Properties for sale

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

Should you invest in Wells?

Opportunities

  • Investors can find some of the best rental returns in the top postcode district, with yields reaching 4.3%.
  • The discount between asking and achieved prices, at a median of £5,000 (the typical achieved discount), suggests there is room for negotiation for buyers.
  • The three-year capital growth of 11.4% shows that Wells has delivered steady price increases over the medium term.

Risks

  • Rental yields are relatively modest at 3.6%, so cash flow may not be especially strong compared to other regions.
  • The local market is dominated by older residents and single occupiers, which may limit future demand from younger buyers and families.
  • Properties take around 65 days to sell, so investors may face longer holding periods if they need to exit quickly.

Outlook

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.

Live properties in Wells

Investment properties in Wells, South West

3 bedroom flat for sale
33% below median price

£240,000 - Guide Price

3 bedroom flat for sale

St. Thomas Street, Wells, BA5

Properties needing refurbishment in Wells, South West
Needs Refurb
3 bedroom detached bungalow for sale
On market for 171 days

£410,000

3 bedroom detached bungalow for sale

Woodbury Avenue, Wells

Slow to sell properties in Wells, South West
Slow to Sell
4 bedroom detached house for sale
2,448 sq ft

£995,000 - Guide Price

4 bedroom detached house for sale

Four Bedroom Detached House in Well...

Properties with planning granted in Wells, South West
Planning Granted
2 bedroom cottage for sale
52% below median price

£230,000 - Guide Price

2 bedroom cottage for sale

St. Thomas Street, Wells, Somerset,...

Low price-per-sq-ft properties in Wells, South West
Low Price per Sq Ft
3 bedroom terraced house for sale
49% below median price

£175,000 - Guide Price

3 bedroom terraced house for sale

6 Balch Road, Wells, Somerset BA5 2...

Auction properties in Wells, South West
Auction

Achieved vs asking prices

Key takeaway: Balanced market

Discounts exist, but they won't transform deal economics on their own.

Headline stats

• 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%

Best places to invest in Wells

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1BA54.3%4.0%£343 / sq ft

Data sources

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.