According to the public record, 3, Gladstone Road, Melksham is a modern freehold house with 1,076 ft2 of internal area and sits on a 192 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gladstone Road, Melksham, SN12 is located within the SN12 postal district.
3, Gladstone Road, Melksham has a single entry in the Land Registry database from March 2019 and a single entry in the EPC database dated January 2019.
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 good condition, we estimate the current sale value for 3 Gladstone Road Melksham as £369,721 and the rental value as £1,349 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 3 Gladstone Road Melksham has increased by £6,072 (1.6%) and its rental value has increased by £55 per month (4.1%).
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 3, Gladstone Road, Melksham is in very good condition we estimate a sale value of £388,207 and rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,840 and a rental value of £1,255 per month.
If you were able to purchase this property for the estimated value of £369,721, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,817 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, 3, Gladstone Road, Melksham sits on a plot of 192m2.
We have plot size data on 41 out of 41 other houses in the postcode and 3, Gladstone Road, Melksham sits on the 26th largest plot.
According to HM Land Registry, 3, Gladstone Road, Melksham was last sold on 01 Mar 2019 for £299,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2019, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Gladstone Road, Melksham within a radius of 600 metres over the last 2 years.
The most recent example is 10, Gladstone Road, Melksham, SN12 7GZ, a Freehold house which sold for £400,000 in Apr 2024.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gladstone Road, Melksham, SN12 has a total of 47 addresses. According to our analysis of all the public data, 3, Gladstone Road, Melksham is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in SN12.
3, Gladstone Road, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Gladstone Road, Melksham is Melksham station which is 1.7 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 3, Gladstone Road, 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 3, Gladstone Road, 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 3, Gladstone Road, 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 3, Gladstone Road, 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 3, Gladstone Road, 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.