According to the public record, 366, Snarlton Lane, Melksham is a mid-century freehold house with 1,280 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Snarlton Lane, Melksham, SN12 is located within the SN12 postal district.
366, Snarlton Lane, Melksham has 41 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated February 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 reasonable condition, we estimate the current sale value for 366 Snarlton Lane Melksham as £422,141 and the rental value as £1,392 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 366 Snarlton Lane Melksham has increased by £8,796 (2.1%) and its rental value has increased by £63 per month (4.5%).
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 366, Snarlton Lane, Melksham is in very good condition we estimate a sale value of £443,248 and rental value of £1,461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,591 and a rental value of £1,294 per month.
If you were able to purchase this property for the estimated value of £422,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,075 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, 366, Snarlton Lane, Melksham sits on a plot of 251m2.
We have plot size data on 17 out of 26 other houses in the postcode and 366, Snarlton Lane, Melksham sits on the 13th largest plot.
According to HM Land Registry, 366, Snarlton Lane, Melksham was last sold on 12 Jul 2019 for £245,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2019, the market for similar properties has risen 25.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 366, Snarlton Lane, Melksham within a radius of 530 metres over the last 2 years.
The most recent example is 14, Gladstone Road, Melksham, SN12 7GZ, a Freehold house which sold for £400,000 in May 2022.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Snarlton Lane, Melksham, SN12 has a total of 77 addresses. According to our analysis of all the public data, 366, Snarlton Lane, Melksham is the 17th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in SN12.
366, Snarlton Lane, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2019.
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 366, Snarlton Lane, 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 366, Snarlton Lane, Melksham, 39.1% of property is privately owned outright and 38.7% 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 366, Snarlton Lane, Melksham, 19.1% of residents are recorded as possessing school level qualifications and 28.0% 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 366, Snarlton Lane, Melksham, the average age was 41.7 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 366, Snarlton Lane, Melksham, 1.3% 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 366, Snarlton Lane, Melksham, 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.