According to the public record, 16, Monks Drive, Corsham is a modern leasehold house with 861 ft2 of internal area and sits on a 1,726 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monks Drive, Corsham, SN13 is located within the SN13 postal district.
16, Monks Drive, Corsham has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated January 2020.
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 16 Monks Drive Corsham as £339,119 and the rental value as £1,418 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 16 Monks Drive Corsham has increased by £6,185 (1.8%) and its rental value has increased by £93 per month (6.6%).
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 16, Monks Drive, Corsham is in very good condition we estimate a sale value of £356,074 and rental value of £1,489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,380 and a rental value of £1,319 per month.
If you were able to purchase this property for the estimated value of £339,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,667 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, 16, Monks Drive, Corsham sits on a plot of 1726m2.
We have plot size data on 23 out of 23 other houses in the postcode and 16, Monks Drive, Corsham sits on the 2nd largest plot.
According to HM Land Registry, 16, Monks Drive, Corsham was last sold on 17 Nov 2023 for £114,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Monks Drive, Corsham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 4, Bartholomew Way, Corsham, SN13 0FR, a Freehold house which sold for £396,000 in Feb 2023.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Drive, Corsham, SN13 has a total of 29 addresses. According to our analysis of all the public data, 16, Monks Drive, Corsham is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in SN13.
16, Monks Drive, Corsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2020.
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 16, Monks Drive, Corsham is Melksham station which is 7.4 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 16, Monks Drive, Corsham, 49.8% of property is privately owned outright and 28.9% 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 16, Monks Drive, Corsham, 12.7% of residents are recorded as possessing school level qualifications and 34.5% 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 16, Monks Drive, Corsham, the average age was 41.4 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 16, Monks Drive, Corsham, 2.0% 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 16, Monks Drive, Corsham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.