According to the public record, 15, Marti Close, Melksham is a mid-century freehold house and with 775 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marti Close, Melksham, SN12 is located within the SN12 postal district.
15, Marti Close, Melksham has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated August 2018.
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 15 Marti Close Melksham as £221,032 and the rental value as £1,022 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 15 Marti Close Melksham has increased by £9,933 (4.5%) and its rental value has increased by £71 per month (7.0%).
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, Marti Close, Melksham is in very good condition we estimate a sale value of £232,084 and rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,560 and a rental value of £950 per month.
If you were able to purchase this property for the estimated value of £221,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,086 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, 15, Marti Close, Melksham sits on a plot of 147m2.
We have plot size data on 20 out of 26 other houses in the postcode and 15, Marti Close, Melksham sits on the 7th largest plot.
According to HM Land Registry, 15, Marti Close, Melksham was last sold on 14 Dec 2018 for £161,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Marti Close, Melksham within a radius of 148m over the last 2 years.
The most recent example is 22, Mills Road, Melksham, SN12 7DT, a Freehold house which sold for £235,000 in Mar 2024.
Read more about house prices in SN12.
Marti Close, Melksham, SN12 has a total of 27 addresses. According to our analysis of all the public data, 15, Marti Close, Melksham is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in SN12.
15, Marti Close, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
The closest station to 15, Marti Close, Melksham is Melksham station which is 1.4 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 15, Marti Close, Melksham, 48.4% of property is privately owned with a mortgage and 31.2% 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 15, Marti Close, Melksham, 20.4% of residents are recorded as possessing school level qualifications and 17.4% 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, Marti 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, Marti Close, Melksham, 1.0% 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 15, Marti 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.