According to the public record, 43, Melstock Road, Swindon is a modern Leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Melstock Road, Swindon, SN25 is located within the SN25 postal district.
43, Melstock Road, Swindon has 2 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated March 2024.
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 43 Melstock Road Swindon as £185,146 and the rental value as £844 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 43 Melstock Road Swindon has decreased by £934 (0.5%) and its rental value has increased by £19 per month (2.2%).
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 43, Melstock Road, Swindon is in very good condition we estimate a sale value of £194,403 and rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,186 and a rental value of £785 per month.
If you were able to purchase this property for the estimated value of £185,146, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £910 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 HM Land Registry, 43, Melstock Road, Swindon was last sold on 09 Aug 2017 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Melstock Road, Swindon within a radius of 610 metres over the last 2 years.
The most recent example is Flat 6, 3, Alicia Close, Swindon, SN25 1XE, a Leasehold flat which sold for £140,000 in Dec 2023.
Read more about house prices in SN25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melstock Road, Swindon, SN25 has a total of 69 addresses. According to our analysis of all the public data, 43, Melstock Road, Swindon is the 62nd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in SN25.
43, Melstock Road, Swindon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2024.
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 43, Melstock Road, Swindon is Swindon (Wilts) station which is 4.5 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 43, Melstock Road, Swindon, 65.4% of property is privately owned with a mortgage and 18.3% is privately rented.
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 43, Melstock Road, Swindon, 28.9% of residents are recorded as possessing school level qualifications and 35.1% 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 43, Melstock Road, Swindon, the average age was 34.1 and the most common age was 42.
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 43, Melstock Road, Swindon, 0.3% 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 43, Melstock Road, Swindon, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.