According to the public record, 2, Marsh House 25, Marlborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 918 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Marsh House, The Parade, Marlborough, SN8.
The Parade, Marlborough, SN8 is located within the SN8 postal district.
2, Marsh House 25, Marlborough has 3 entries in the Land Registry database, most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Marsh House 25 Marlborough as £323,105 and the rental value as £1,159 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Marsh House 25 Marlborough has decreased by £1,668 (0.5%) and its rental value has increased by £35 per month (3.0%).
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, Marsh House 25, Marlborough is in very good condition we estimate a sale value of £339,260 and rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,487 and a rental value of £1,078 per month.
If you were able to purchase this property for the estimated value of £323,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,588 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, 2, Marsh House 25, Marlborough was last sold on 30 Jun 2021 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Marsh House 25, Marlborough within a radius of 600 metres over the last 2 years.
The most recent example is 47A, Kingsbury Street, Marlborough, SN8 1JE, a Leasehold flat which sold for £330,000 in Dec 2021.
Read more about house prices in SN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, Marlborough, SN8 has a total of 17 addresses. According to our analysis of all the public data, 2, Marsh House 25, Marlborough is the 8th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in SN8.
The closest station to 2, Marsh House 25, Marlborough is Pewsey station which is 9.2 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, Marsh House 25, Marlborough, 44.7% of property is privately rented and 23.9% is privately owned outright.
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, Marsh House 25, Marlborough, 9.2% of residents are recorded as possessing school level qualifications and 39.2% 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, Marsh House 25, Marlborough, the average age was 43.7 and the most common age was 17.
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, Marsh House 25, Marlborough, 4.0% 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 2, Marsh House 25, Marlborough, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.