According to the public record, 27, Melstock Road, Swindon is a modern Leasehold apartment with 653 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Melstock Road, Swindon, SN25 is located within the SN25 postal district.
27, Melstock Road, Swindon has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated June 2011.
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 27 Melstock Road Swindon as £182,715 and the rental value as £833 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 27 Melstock Road Swindon has decreased by £922 (0.5%) and its rental value has increased by £19 per month (2.2%).
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 27, Melstock Road, Swindon is in very good condition we estimate a sale value of £191,851 and rental value of £875 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,925 and a rental value of £775 per month.
If you were able to purchase this property for the estimated value of £182,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £898 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, 27, Melstock Road, Swindon was last sold on 03 Feb 2017 for £166,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Melstock Road, Swindon within a radius of 590 metres over the last 2 years.
The most recent example is Flat 6, 3, Alicia Close, Swindon, SN25 1XE, a Leasehold flat which sold for £140,000 in Dec 2023.
Read more about house prices in SN25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melstock Road, Swindon, SN25 has a total of 69 addresses. According to our analysis of all the public data, 27, Melstock Road, Swindon is the 63rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in SN25.
27, Melstock Road, Swindon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jun 2011.
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 27, Melstock Road, Swindon is Swindon (Wilts) station which is 4.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Melstock Road, Swindon, 65.4% of property is privately owned with a mortgage and 18.3% 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 27, Melstock Road, Swindon, 28.9% of residents are recorded as possessing school level qualifications and 35.1% 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 27, Melstock Road, Swindon, the average age was 34.1 and the most common age was 42.
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 27, Melstock Road, Swindon, 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 27, Melstock Road, Swindon, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.