According to the public record, 2, Victoria Terrace, Melksham is a period house with 1,184 ft2 of internal area and sits on a 131 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Victoria Terrace, Melksham, SN12 is located within the SN12 postal district.
2, Victoria Terrace, Melksham has no records in the Land Registry database and 2 entries in the EPC database, most recently in April 2019.
We combine this information with public data 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 Victoria Terrace Melksham as £337,350 and the rental value as £1,303 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 Victoria Terrace Melksham has increased by £6,344 (1.9%) and its rental value has increased by £56 per month (4.3%).
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 2, Victoria Terrace, Melksham is in very good condition we estimate a sale value of £354,217 and rental value of £1,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,735 and a rental value of £1,212 per month.
If you were able to purchase this property for the estimated value of £337,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, Victoria Terrace, Melksham sits on a plot of 131m2.
We have plot size data on 3 out of 5 other houses in the postcode and 2, Victoria Terrace, Melksham sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Victoria Terrace, Melksham within a radius of 587m over the last 2 years.
The most recent example is 42, West End, Melksham, SN12 6HJ, a Freehold house which sold for £285,000 in Nov 2023.
Read more about house prices in SN12.
Victoria Terrace, Melksham, SN12 has a total of 5 addresses. According to our analysis of all the public data, 2, Victoria Terrace, Melksham is the largest and the most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in SN12.
2, Victoria Terrace, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Victoria Terrace, Melksham is Melksham station which is 700 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, Victoria Terrace, Melksham, 39.3% of property is privately owned outright and 35.5% 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, Victoria Terrace, Melksham, 8.6% of residents are recorded as possessing school level qualifications and 38.3% 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, Victoria Terrace, 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, Victoria Terrace, Melksham, 3.7% 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 2, Victoria Terrace, Melksham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.