According to the public record, 2 Melrose Cottage, Marlborough is a period freehold house with 861 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Shalbourne, Marlborough, SN8 is located within the SN8 postal district.
2 Melrose Cottage, Marlborough has 31 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated March 2012.
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 2 Melrose Cottage Marlborough as £632,856 and the rental value as £2,049 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 2 Melrose Cottage Marlborough has increased by £5,881 (0.9%) and its rental value has increased by £76 per month (3.7%).
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 2 Melrose Cottage, Marlborough is in very good condition we estimate a sale value of £664,498 and rental value of £2,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £588,556 and a rental value of £1,906 per month.
If you were able to purchase this property for the estimated value of £632,856, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,110 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, 2 Melrose Cottage, Marlborough sits on a plot of 222m2.
We have plot size data on 11 out of 12 other houses in the postcode and 2 Melrose Cottage, Marlborough sits on the 10th largest plot.
According to HM Land Registry, 2 Melrose Cottage, Marlborough was last sold on 30 Mar 2016 for £385,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Melrose Cottage, Marlborough within a radius of 4.8 kilometres over the last 2 years.
The most recent example is Gallants View, Lower Green, Hungerford, RG17 9DW, a Freehold house which sold for £525,000 in Jul 2022.
Read more about house prices in SN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Shalbourne, Marlborough, SN8 has a total of 12 addresses. According to our analysis of all the public data, 2 Melrose Cottage, Marlborough is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in SN8.
2 Melrose Cottage, Marlborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and radiators.
The closest station to 2 Melrose Cottage, Marlborough is Bedwyn station which is 3.8 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 2 Melrose Cottage, Marlborough, 42.3% of property is privately owned outright and 34.6% 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 2 Melrose Cottage, Marlborough, 18.8% of residents are recorded as possessing school level qualifications and 50.0% 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 2 Melrose Cottage, Marlborough, the average age was 45.5 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 2 Melrose Cottage, Marlborough, 1.1% 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 2 Melrose Cottage, Marlborough, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.