According to the public record, 4, Telford Drive, Melksham is a modern freehold house and with 1,001 ft2 of internal area and sits on a 224 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Telford Drive, Melksham, SN12 is located within the SN12 postal district.
4, Telford Drive, Melksham has a single entry in the Land Registry database from April 2022 and 2 entries in the EPC database, most recently in January 2022.
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 4 Telford Drive Melksham as £336,163 and the rental value as £1,284 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 4 Telford Drive Melksham has increased by £13,584 (4.0%) and its rental value has increased by £85 per month (6.6%).
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 4, Telford Drive, Melksham is in very good condition we estimate a sale value of £352,971 and rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,631 and a rental value of £1,194 per month.
If you were able to purchase this property for the estimated value of £336,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,652 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, 4, Telford Drive, Melksham sits on a plot of 224m2.
We have plot size data on 41 out of 43 other houses in the postcode and 4, Telford Drive, Melksham sits on the 27th largest plot.
According to HM Land Registry, 4, Telford Drive, Melksham was last sold on 29 Apr 2022 for £304,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Telford Drive, Melksham within a radius of 76m over the last 2 years.
The most recent example is 9, Telford Drive, Melksham, SN12 6GF, a Freehold house which sold for £295,995 in Mar 2022.
Read more about house prices in SN12.
Telford Drive, Melksham, SN12 has a total of 43 addresses. According to our analysis of all the public data, 4, Telford Drive, Melksham is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in SN12.
4, Telford Drive, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jan 2022.
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 4, Telford Drive, Melksham is Melksham station which is 2.1 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 4, Telford Drive, Melksham, 51.7% of property is privately owned outright and 38.8% 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 4, Telford Drive, Melksham, 14.5% of residents are recorded as possessing school level qualifications and 23.5% 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 4, Telford Drive, 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 4, Telford Drive, Melksham, 1.9% 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 4, Telford Drive, 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.