According to the public record, 41, Wellington Square, Melksham is a mid-century freehold house and with 1,506 ft2 of internal area and sits on a 656 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wellington Square, Bowerhill, Melksham, SN12 is located within the SN12 postal district.
41, Wellington Square, Melksham has 21 entries in the Land Registry database, most recently in August 2013 and 2 entries in the EPC database, most recently in March 2014.
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 41 Wellington Square Melksham as £394,517 and the rental value as £1,422 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 41 Wellington Square Melksham has increased by £6,479 (1.6%) and its rental value has increased by £58 per month (4.1%).
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 41, Wellington Square, Melksham is in very good condition we estimate a sale value of £414,243 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,901 and a rental value of £1,323 per month.
If you were able to purchase this property for the estimated value of £394,517, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,939 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, 41, Wellington Square, Melksham sits on a plot of 656m2.
We have plot size data on 13 out of 24 other houses in the postcode and 41, Wellington Square, Melksham sits on the 5th largest plot.
According to HM Land Registry, 41, Wellington Square, Melksham was last sold on 27 Aug 2013 for £249,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Wellington Square, Melksham within a radius of 65m over the last 2 years.
The most recent example is 33, Wellington Square, Melksham, SN12 6QX, a Freehold house which sold for £395,000 in Oct 2023.
Read more about house prices in SN12.
Wellington Square, Bowerhill, Melksham, SN12 has a total of 24 addresses. According to our analysis of all the public data, 41, Wellington Square, Melksham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in SN12.
41, Wellington Square, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2014.
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 41, Wellington Square, Melksham is Melksham station which is 2.5 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 41, Wellington Square, Melksham, 53.0% of property is privately owned outright and 30.3% 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 41, Wellington Square, Melksham, 17.4% of residents are recorded as possessing school level qualifications and 31.3% 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 41, Wellington Square, 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 41, Wellington Square, 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 41, Wellington Square, Melksham, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.