According to the public record, 18, Velley Hill, Corsham is a period freehold house with 1,905 ft2 of internal area and sits on a 793 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Velley Hill, Gastard, Corsham, SN13 is located within the SN13 postal district.
18, Velley Hill, Corsham has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated February 2024.
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 18 Velley Hill Corsham as £715,456 and the rental value as £1,958 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 18 Velley Hill Corsham has decreased by £1,252 (0.2%) and its rental value has increased by £96 per month (4.9%).
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 18, Velley Hill, Corsham is in very good condition we estimate a sale value of £751,229 and rental value of £2,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £665,374 and a rental value of £1,821 per month.
If you were able to purchase this property for the estimated value of £715,456, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,516 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, 18, Velley Hill, Corsham sits on a plot of 793m2.
We have plot size data on 15 out of 29 other houses in the postcode and 18, Velley Hill, Corsham sits on the 6th largest plot.
According to HM Land Registry, 18, Velley Hill, Corsham was last sold on 24 Nov 2023 for £780,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Velley Hill, Corsham within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 12, Linleys, Corsham, SN13 9PD, a Freehold house which sold for £622,700 in Apr 2021.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Velley Hill, Gastard, Corsham, SN13 has a total of 32 addresses. According to our analysis of all the public data, 18, Velley Hill, Corsham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £329k more expensive than the average property in SN13.
18, Velley Hill, Corsham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Feb 2024.
The property is not connected to mains gas and has some secondary glazing. It is heated using an oil fired boiler and radiators.
The closest station to 18, Velley Hill, Corsham is Melksham station which is 4.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Velley Hill, Corsham, 57.1% of property is privately owned outright and 16.7% 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 18, Velley Hill, Corsham, 11.8% of residents are recorded as possessing school level qualifications and 40.4% 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 18, Velley Hill, 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 18, Velley Hill, Corsham, 0.7% 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 18, Velley Hill, Corsham, 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.