According to the public record, 40, Weavers Crofts, Melksham is a modern freehold house and with 495 ft2 of internal area and sits on a 82.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Weavers Crofts, Melksham, SN12 is located within the SN12 postal district.
40, Weavers Crofts, Melksham has 61 entries in the Land Registry database, most recently in June 2021 and 2 entries in the EPC database, most recently in February 2021.
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 40 Weavers Crofts Melksham as £184,697 and the rental value as £821 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 40 Weavers Crofts Melksham has increased by £9,135 (4.9%) and its rental value has increased by £61 per month (7.5%).
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 40, Weavers Crofts, Melksham is in very good condition we estimate a sale value of £193,932 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,768 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £184,697, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £908 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, Weavers Crofts, Melksham sits on a plot of 82m2.
We have plot size data on 23 out of 34 other houses in the postcode and 40, Weavers Crofts, Melksham sits on the 25th largest plot.
According to HM Land Registry, 40, Weavers Crofts, Melksham was last sold on 25 Jun 2021 for £156,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Jun 2021, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Weavers Crofts, Melksham within a radius of 25m over the last 2 years.
The most recent example is 8, Old Broughton Road, Melksham, SN12 8BX, a Freehold house which sold for £150,000 in Feb 2024.
Read more about house prices in SN12.
Weavers Crofts, Melksham, SN12 has a total of 86 addresses. According to our analysis of all the public data, 40, Weavers Crofts, Melksham is the 73rd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in SN12.
40, Weavers Crofts, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2021.
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, Weavers Crofts, Melksham is Melksham station which is 300 m 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, Weavers Crofts, Melksham, 45.3% of property is privately rented and 22.3% 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 40, Weavers Crofts, Melksham, 14.2% of residents are recorded as possessing school level qualifications and 16.9% 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, Weavers Crofts, Melksham, the average age was 45.2 and the most common age was 57.
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, Weavers Crofts, Melksham, 0.8% 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, Weavers Crofts, Melksham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.