According to the public record, 3, Nursery Close, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,268 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Nursery Close, Atworth, Melksham, SN12 is located within the SN12 postal district.
3, Nursery Close, Melksham has 21 entries in the Land Registry database, most recently in December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Nursery Close Melksham as £460,171 and the rental value as £1,400 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 3 Nursery Close Melksham has increased by £765 (0.2%) and its rental value has increased by £62 per month (4.4%).
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, Nursery Close, Melksham is in very good condition we estimate a sale value of £483,179 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,959 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £460,171, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,262 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, 3, Nursery Close, Melksham was last sold on 22 Dec 2006 for £347,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Nursery Close, Melksham within a radius of 285m over the last 2 years.
The most recent example is 42, Godwins Close, Melksham, SN12 8LD, a Freehold house which sold for £420,000 in Dec 2021.
Read more about house prices in SN12.
Nursery Close, Atworth, Melksham, SN12 has a total of 17 addresses. According to our analysis of all the public data, 3, Nursery Close, Melksham is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in SN12.
The closest station to 3, Nursery Close, Melksham is Melksham station which is 4.0 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 3, Nursery Close, Melksham, 54.1% of property is privately owned outright and 32.0% 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 3, Nursery Close, Melksham, 13.3% of residents are recorded as possessing school level qualifications and 47.7% 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, Nursery Close, 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, Nursery Close, Melksham, 0.5% 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, Nursery Close, Melksham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.