According to the public record, 16, Post Office Lane, Corsham is a modern leasehold house with 505 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Post Office Lane, Corsham, SN13 is located within the SN13 postal district.
16, Post Office Lane, Corsham has 51 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated September 2022.
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 16 Post Office Lane Corsham as £227,569 and the rental value as £1,001 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 16 Post Office Lane Corsham has increased by £6,884 (3.0%) and its rental value has increased by £83 per month (8.3%).
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, Post Office Lane, Corsham is in very good condition we estimate a sale value of £238,947 and rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,639 and a rental value of £931 per month.
If you were able to purchase this property for the estimated value of £227,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,118 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, 16, Post Office Lane, Corsham was last sold on 03 May 2019 for £196,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since May 2019, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Post Office Lane, Corsham within a radius of 750 metres over the last 2 years.
The most recent example is 37, Light Close, Corsham, SN13 0DF, a Freehold house which sold for £245,000 in Aug 2023.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Post Office Lane, Corsham, SN13 has a total of 53 addresses. According to our analysis of all the public data, 16, Post Office Lane, Corsham is the 25th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in SN13.
16, Post Office Lane, Corsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2022.
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 16, Post Office Lane, Corsham is Chippenham station which is 5.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Post Office Lane, Corsham, 49.4% of property is socially rented and 31.8% 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 16, Post Office Lane, Corsham, 7.3% of residents are recorded as possessing school level qualifications and 29.4% 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 16, Post Office Lane, Corsham, the average age was 43.7 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 16, Post Office Lane, Corsham, 0.0% 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, Post Office Lane, Corsham, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.