According to the public record, 15, Kennet Close, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 756 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Kennet Close, Melksham, SN12 is located within the SN12 postal district.
15, Kennet Close, Melksham has 21 entries in the Land Registry database, most recently in December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Kennet Close Melksham as £273,515 and the rental value as £1,139 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 15 Kennet Close Melksham has increased by £9,628 (3.5%) and its rental value has increased by £69 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 15, Kennet Close, Melksham is in very good condition we estimate a sale value of £287,191 and rental value of £1,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,369 and a rental value of £1,059 per month.
If you were able to purchase this property for the estimated value of £273,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,344 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, 15, Kennet Close, Melksham was last sold on 14 Dec 2006 for £167,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Kennet Close, Melksham within a radius of 109m over the last 2 years.
The most recent example is 13, Thames Crescent, Melksham, SN12 8BH, a Freehold house which sold for £256,000 in Mar 2022.
Read more about house prices in SN12.
Kennet Close, Melksham, SN12 has a total of 17 addresses. According to our analysis of all the public data, 15, Kennet Close, Melksham is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in SN12.
The closest station to 15, Kennet Close, Melksham is Melksham station which is 400 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 15, Kennet Close, Melksham, 48.4% of property is privately owned outright and 30.3% 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 15, Kennet Close, Melksham, 10.9% of residents are recorded as possessing school level qualifications and 20.4% 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 15, Kennet Close, Melksham, the average age was 41.7 and the most common age was 52.
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 15, Kennet Close, Melksham, 0.4% 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 15, Kennet Close, Melksham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.