According to the public record, 12 Cherry Orchard House, Marlborough is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cherry Orchard House, Cherry Orchard, Marlborough, SN8.
Cherry Orchard, Marlborough, SN8 is located within the SN8 postal district.
12 Cherry Orchard House, Marlborough has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated August 2019.
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 good condition, we estimate the current sale value for 12 Cherry Orchard House Marlborough as £250,355 and the rental value as £1,069 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 12 Cherry Orchard House Marlborough has decreased by £1,530 (0.6%) and its rental value has increased by £31 per month (2.9%).
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 12 Cherry Orchard House, Marlborough is in very good condition we estimate a sale value of £262,873 and rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,831 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £250,355, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,230 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, 12 Cherry Orchard House, Marlborough was last sold on 15 Feb 2024 for £261,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12 Cherry Orchard House, Marlborough within a radius of 800 metres over the last 2 years.
The most recent example is 10 Cherry Orchard House, Cherry Orchard, Marlborough, SN8 4AS, a Leasehold flat which sold for £260,000 in May 2023.
Read more about house prices in SN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Orchard, Marlborough, SN8 has a total of 89 addresses. According to our analysis of all the public data, 12 Cherry Orchard House, Marlborough is the 63rd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £281k less expensive than the average property in SN8.
12 Cherry Orchard House, Marlborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 12 Cherry Orchard House, Marlborough is Pewsey station which is 8.8 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 12 Cherry Orchard House, Marlborough, 58.9% of property is privately owned outright and 25.6% 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 12 Cherry Orchard House, Marlborough, 16.0% of residents are recorded as possessing school level qualifications and 55.8% 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 12 Cherry Orchard House, 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 12 Cherry Orchard House, Marlborough, 2.4% 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 12 Cherry Orchard House, Marlborough, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.