According to the public record, 1 The Towers, St. Margarets Mead, Marlborough is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, St. Margarets Mead, Marlborough, SN8.
St. Margarets Mead, Marlborough, SN8 is located within the SN8 postal district.
1 The Towers, St. Margarets Mead, Marlborough has 21 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated September 2014.
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 The Towers St. Margarets Mead Marlborough as £223,461 and the rental value as £1,066 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 1 The Towers St. Margarets Mead Marlborough has decreased by £1,458 (0.7%) and its rental value has increased by £30 per month (2.8%).
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 The Towers, St. Margarets Mead, Marlborough is in very good condition we estimate a sale value of £234,634 and rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,819 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £223,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,098 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 HM Land Registry, 1 The Towers, St. Margarets Mead, Marlborough was last sold on 25 Sep 2015 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2015, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 The Towers, St. Margarets Mead, Marlborough within a radius of 790 metres over the last 2 years.
The most recent example is Flat 5, Sempringham Court, Salisbury Road, Marlborough, SN8 4AH, a Leasehold flat which sold for £266,000 in Aug 2022.
Read more about house prices in SN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Margarets Mead, Marlborough, SN8 has a total of 78 addresses. According to our analysis of all the public data, 1 The Towers, St. Margarets Mead, Marlborough is the 49th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £308k less expensive than the average property in SN8.
1 The Towers, St. Margarets Mead, Marlborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 1 The Towers, St. Margarets Mead, Marlborough is Pewsey station which is 9.2 kilometres 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 The Towers, St. Margarets Mead, Marlborough, 49.6% of property is socially rented and 24.8% is privately owned outright.
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 The Towers, St. Margarets Mead, Marlborough, 20.3% of residents are recorded as possessing school level qualifications and 13.1% 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 The Towers, St. Margarets Mead, Marlborough, the average age was 43.7 and the most common age was 17.
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 The Towers, St. Margarets Mead, Marlborough, 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 The Towers, St. Margarets Mead, Marlborough, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.