According to the public record, 48, Freestone Way, Corsham is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Freestone Way, Corsham, SN13 is located within the SN13 postal district.
48, Freestone Way, Corsham has 41 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated 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 reasonable condition, we estimate the current sale value for 48 Freestone Way Corsham as £149,548 and the rental value as £950 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 48 Freestone Way Corsham has increased by £2,879 (1.9%) and its rental value has increased by £68 per month (7.2%).
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 48, Freestone Way, Corsham is in very good condition we estimate a sale value of £157,025 and rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,079 and a rental value of £884 per month.
If you were able to purchase this property for the estimated value of £149,548, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £735 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, 48, Freestone Way, Corsham was last sold on 24 Jun 2022 for £149,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Freestone Way, Corsham within a radius of 820 metres over the last 2 years.
The most recent example is 38, Freestone Way, Corsham, SN13 9EE, a Leasehold flat which sold for £128,500 in Jan 2024.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Freestone Way, Corsham, SN13 has a total of 138 addresses. According to our analysis of all the public data, 48, Freestone Way, Corsham is the 131st largest and the 131st most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in SN13.
48, Freestone Way, Corsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 48, Freestone Way, Corsham is Melksham station which is 6.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Freestone Way, Corsham, 35.0% of property is privately owned with a mortgage and 33.0% 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 48, Freestone Way, Corsham, 19.2% of residents are recorded as possessing school level qualifications and 42.9% 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 48, Freestone Way, Corsham, the average age was 41.4 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 48, Freestone Way, Corsham, 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 48, Freestone Way, Corsham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.