According to the public record, 48, Park Lane, Corsham is a modern freehold house with 1,248 ft2 of internal area and sits on a 318 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Lane, Corsham, SN13 is located within the SN13 postal district.
48, Park Lane, Corsham has 2 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated September 2016.
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 Park Lane Corsham as £507,095 and the rental value as £1,705 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 48 Park Lane Corsham has increased by £4,161 (0.8%) and its rental value has increased by £103 per month (6.0%).
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 48, Park Lane, Corsham is in very good condition we estimate a sale value of £532,450 and rental value of £1,790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,598 and a rental value of £1,585 per month.
If you were able to purchase this property for the estimated value of £507,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,492 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, 48, Park Lane, Corsham sits on a plot of 318m2.
We have plot size data on 10 out of 16 other houses in the postcode and 48, Park Lane, Corsham sits on the 8th largest plot.
According to HM Land Registry, 48, Park Lane, Corsham was last sold on 07 Jul 2017 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Park Lane, Corsham within a radius of 830 metres over the last 2 years.
The most recent example is 4, Summerleaze, Corsham, SN13 9EQ, a Freehold house which sold for £490,000 in Nov 2022.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Corsham, SN13 has a total of 48 addresses. According to our analysis of all the public data, 48, Park Lane, Corsham is the 16th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in SN13.
48, Park Lane, Corsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2016.
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 48, Park Lane, Corsham is Chippenham station which is 7.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Park Lane, Corsham, 40.8% of property is privately owned outright and 20.9% is socially 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, Park Lane, Corsham, 17.0% of residents are recorded as possessing school level qualifications and 34.2% 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, Park Lane, Corsham, the average age was 43.7 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 48, Park Lane, Corsham, 0.5% 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, Park Lane, 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.