According to the public record, 14, Union Street, Melksham is a period freehold house and with 505 ft2 of internal area and sits on a 95.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Union Street, Melksham, SN12 is located within the SN12 postal district.
14, Union Street, Melksham has 41 entries in the Land Registry database, most recently in March 2016 and 2 entries in the EPC database, most recently in May 2023.
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 14 Union Street Melksham as £172,061 and the rental value as £801 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 14 Union Street Melksham has increased by £8,510 (4.9%) and its rental value has increased by £60 per month (7.5%).
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 14, Union Street, Melksham is in very good condition we estimate a sale value of £180,664 and rental value of £842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,016 and a rental value of £745 per month.
If you were able to purchase this property for the estimated value of £172,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £846 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, 14, Union Street, Melksham sits on a plot of 96m2.
We have plot size data on 36 out of 51 other houses in the postcode and 14, Union Street, Melksham sits on the 25th largest plot.
According to HM Land Registry, 14, Union Street, Melksham was last sold on 16 Mar 2016 for £112,250 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Union Street, Melksham within a radius of 25m over the last 2 years.
The most recent example is 15, Union Street, Melksham, SN12 7PR, a Freehold house which sold for £132,995 in May 2021.
Read more about house prices in SN12.
Union Street, Melksham, SN12 has a total of 65 addresses. According to our analysis of all the public data, 14, Union Street, Melksham is the 42nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in SN12.
14, Union Street, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 2023.
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 14, Union Street, Melksham is Melksham station which is 800 m 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 14, Union Street, Melksham, 29.6% of property is privately owned outright and 25.7% is privately rented.
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 14, Union Street, Melksham, 8.8% of residents are recorded as possessing school level qualifications and 19.3% 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 14, Union Street, 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 14, Union Street, Melksham, 0.3% 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 14, Union Street, Melksham, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.