According to the public record, 2, Cobblers Mews 16A, Melksham is a modern freehold house and with 409 ft2 of internal area and sits on a 38.8 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Union Street, Melksham, SN12 is located within the SN12 postal district.
2, Cobblers Mews 16A, Melksham has 2 entries in the Land Registry database, most recently in November 2017 and 2 entries in the EPC database, most recently in November 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 2 Cobblers Mews 16A Melksham as £154,015 and the rental value as £717 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Cobblers Mews 16A Melksham has increased by £7,617 (4.9%) and its rental value has increased by £53 per month (7.5%).
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, Cobblers Mews 16A, Melksham is in very good condition we estimate a sale value of £161,716 and rental value of £753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,234 and a rental value of £667 per month.
If you were able to purchase this property for the estimated value of £154,015, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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, Cobblers Mews 16A, Melksham sits on a plot of 39m2.
We have plot size data on 36 out of 51 other houses in the postcode and 2, Cobblers Mews 16A, Melksham sits on the 36th largest plot.
According to HM Land Registry, 2, Cobblers Mews 16A, Melksham was last sold on 20 Nov 2017 for £112,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cobblers Mews 16A, Melksham within a radius of 504m over the last 2 years.
The most recent example is 18, Weavers Crofts, Melksham, SN12 8BP, a Freehold house which sold for £134,000 in Oct 2017.
Read more about house prices in SN12.
Union Street, Melksham, SN12 has a total of 65 addresses. According to our analysis of all the public data, 2, Cobblers Mews 16A, Melksham is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in SN12.
2, Cobblers Mews 16A, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Nov 2018.
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 2, Cobblers Mews 16A, Melksham is Melksham station which is 800 m 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, Cobblers Mews 16A, Melksham, 29.6% of property is privately owned outright and 25.7% 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 2, Cobblers Mews 16A, Melksham, 8.8% of residents are recorded as possessing school level qualifications and 19.3% 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, Cobblers Mews 16A, Melksham, the average age was 45.2 and the most common age was 57.
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, Cobblers Mews 16A, Melksham, 0.3% 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, Cobblers Mews 16A, Melksham, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.