According to the public record, 40, Malvern Close, Melksham is a mid-century house with 688 ft2 of internal area and sits on a 115 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malvern Close, Melksham, SN12 is located within the SN12 postal district.
40, Malvern Close, Melksham has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 40 Malvern Close Melksham as £222,454 and the rental value as £1,005 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 40 Malvern Close Melksham has increased by £9,997 (4.5%) and its rental value has increased by £70 per month (7.0%).
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 40, Malvern Close, Melksham is in very good condition we estimate a sale value of £233,576 and rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,882 and a rental value of £935 per month.
If you were able to purchase this property for the estimated value of £222,454, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,093 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, 40, Malvern Close, Melksham sits on a plot of 115m2.
We have plot size data on 19 out of 29 other houses in the postcode and 40, Malvern Close, Melksham sits on the 19th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Malvern Close, Melksham within a radius of 77m over the last 2 years.
The most recent example is 30, Malvern Close, Melksham, SN12 7RR, a Freehold house which sold for £260,000 in May 2024.
Read more about house prices in SN12.
Malvern Close, Melksham, SN12 has a total of 48 addresses. According to our analysis of all the public data, 40, Malvern Close, Melksham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in SN12.
40, Malvern Close, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2020.
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 40, Malvern Close, Melksham is Melksham station which is 1.6 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 40, Malvern Close, Melksham, 37.8% of property is privately owned with a mortgage and 31.9% is privately owned outright.
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 40, Malvern Close, Melksham, 16.8% of residents are recorded as possessing school level qualifications and 17.7% 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 40, Malvern Close, 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 40, Malvern Close, Melksham, 0.0% 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 40, Malvern Close, 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.