According to the public record, 26, Pound Mead, Corsham is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pound Mead, Corsham, SN13 is located within the SN13 postal district.
26, Pound Mead, Corsham has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated February 2021.
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 26 Pound Mead Corsham as £155,936 and the rental value as £1,015 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 26 Pound Mead Corsham has increased by £2,799 (1.8%) and its rental value has increased by £71 per month (7.0%).
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 26, Pound Mead, Corsham is in very good condition we estimate a sale value of £163,733 and rental value of £1,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,021 and a rental value of £944 per month.
If you were able to purchase this property for the estimated value of £155,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £766 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, 26, Pound Mead, Corsham was last sold on 13 Apr 2022 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Pound Mead, Corsham within a radius of 790 metres over the last 2 years.
The most recent example is 24, Post Office Lane, Corsham, SN13 0HJ, a Leasehold flat which sold for £125,000 in Sep 2020.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pound Mead, Corsham, SN13 has a total of 27 addresses. According to our analysis of all the public data, 26, Pound Mead, Corsham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in SN13.
26, Pound Mead, Corsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 26, Pound Mead, Corsham is Melksham station which is 6.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 26, Pound Mead, Corsham, 48.5% of property is privately owned outright and 29.1% 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 26, Pound Mead, Corsham, 14.8% of residents are recorded as possessing school level qualifications and 40.6% 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 26, Pound Mead, Corsham, the average age was 43.7 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 26, Pound Mead, Corsham, 0.0% 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 26, Pound Mead, Corsham, 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.