According to the public record, 1, Rutland Close, Melksham is a mid-century freehold house and with 947 ft2 of internal area and sits on a 334 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rutland Close, Melksham, SN12 is located within the SN12 postal district.
1, Rutland Close, Melksham has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Rutland Close Melksham as £229,196 and the rental value as £1,038 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Rutland Close Melksham has increased by £8,363 (3.6%) and its rental value has increased by £64 per month (6.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Rutland Close, Melksham is in very good condition we estimate a sale value of £240,656 and rental value of £1,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,152 and a rental value of £966 per month.
If you were able to purchase this property for the estimated value of £229,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Rutland Close, Melksham sits on a plot of 334m2.
We have plot size data on 4 out of 12 other houses in the postcode and 1, Rutland Close, Melksham sits on the 2nd largest plot.
According to HM Land Registry, 1, Rutland Close, Melksham was last sold on 08 Mar 2022 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rutland Close, Melksham within a radius of 80m over the last 2 years.
The most recent example is 18, Dorset Crescent, Melksham, SN12 7LP, a Freehold house which sold for £210,000 in Nov 2023.
Read more about house prices in SN12.
Rutland Close, Melksham, SN12 has a total of 13 addresses. According to our analysis of all the public data, 1, Rutland Close, Melksham is the 4th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in SN12.
1, Rutland Close, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Rutland Close, Melksham is Melksham station which is 1.6 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Rutland Close, Melksham, 36.4% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Rutland Close, Melksham, 20.3% of residents are recorded as possessing school level qualifications and 22.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Rutland Close, Melksham, the average age was 45.2 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Rutland Close, Melksham, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Rutland Close, Melksham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.