According to the public record, Wellstone House 27A, Melksham is a period freehold house with 2,411 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Beanacre, Melksham, SN12 is located within the SN12 postal district.
Wellstone House 27A, Melksham has a single entry in the Land Registry database from September 2023 and a single entry in the EPC database dated August 2023.
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 Wellstone House 27A Melksham as £735,591 and the rental value as £1,915 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Wellstone House 27A Melksham has increased by £7,887 (1.1%) and its rental value has increased by £67 per month (3.5%).
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 Wellstone House 27A, Melksham is in very good condition we estimate a sale value of £772,371 and rental value of £2,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £684,100 and a rental value of £1,781 per month.
If you were able to purchase this property for the estimated value of £735,591, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,615 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, Wellstone House 27A, Melksham was last sold on 19 Sep 2023 for £825,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wellstone House 27A, Melksham within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 26, Melksham, SN12 7PT, a Freehold house which sold for £555,000 in Feb 2024.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beanacre, Melksham, SN12 has a total of 89 addresses. According to our analysis of all the public data, Wellstone House 27A, Melksham is the 6th largest and the most expensive property on the street.
When compared to the postcode district it is £424k more expensive than the average property in SN12.
Wellstone House 27A, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Wellstone House 27A, Melksham is Melksham station which is 1.4 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 Wellstone House 27A, Melksham, 54.1% of property is privately owned outright and 35.6% 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 Wellstone House 27A, Melksham, 13.1% of residents are recorded as possessing school level qualifications and 44.8% 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 Wellstone House 27A, Melksham, the average age was 42.4 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 Wellstone House 27A, Melksham, 2.1% 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 Wellstone House 27A, Melksham, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.