According to the public record, 20, Church Lane, Melksham is a mid-century leasehold apartment and with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 20, Church Lane, Melksham, SN12.
Church Lane, Melksham, SN12 is located within the SN12 postal district.
20, Church Lane, Melksham has 21 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated September 2013.
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 20 Church Lane Melksham as £106,514 and the rental value as £642 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 20 Church Lane Melksham has increased by £3,437 (3.2%) and its rental value has increased by £37 per month (5.7%).
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 20, Church Lane, Melksham is in very good condition we estimate a sale value of £111,840 and rental value of £674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,058 and a rental value of £597 per month.
If you were able to purchase this property for the estimated value of £106,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £523 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, 20, Church Lane, Melksham was last sold on 20 Dec 2019 for £87,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 23.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 20, Church Lane, Melksham within a radius of 51m over the last 2 years.
The most recent example is 8 Avon Court, Church Lane, Melksham, SN12 7EG, a Leasehold flat which sold for £94,995 in Oct 2015.
Read more about house prices in SN12.
Church Lane, Melksham, SN12 has a total of 77 addresses. According to our analysis of all the public data, 20, Church Lane, Melksham is the 75th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in SN12.
20, Church Lane, Melksham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Sep 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 20, Church Lane, Melksham is Melksham station which is 1.4 km 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 20, Church Lane, Melksham, 40.9% of property is privately owned outright and 35.0% 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 20, Church Lane, Melksham, 9.2% of residents are recorded as possessing school level qualifications and 28.1% 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 20, Church Lane, Melksham, the average age was 41.7 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 20, Church Lane, Melksham, 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 20, Church Lane, Melksham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.