According to the public record, 48, Springfield Close, Corsham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,041 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Springfield Close, Corsham, SN13 is located within the SN13 postal district.
48, Springfield Close, Corsham has 21 entries in the Land Registry database, most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Springfield Close Corsham as £270,445 and the rental value as £1,204 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 48 Springfield Close Corsham has increased by £7,769 (2.9%) and its rental value has increased by £98 per month (8.1%).
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 48, Springfield Close, Corsham is in very good condition we estimate a sale value of £283,968 and rental value of £1,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,514 and a rental value of £1,120 per month.
If you were able to purchase this property for the estimated value of £270,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,329 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, Springfield Close, Corsham was last sold on 19 Mar 2007 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Springfield Close, Corsham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 20, Springfield Close, Corsham, SN13 0JP, a Freehold house which sold for £230,000 in Apr 2021.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Close, Corsham, SN13 has a total of 65 addresses. According to our analysis of all the public data, 48, Springfield Close, Corsham is the 31st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in SN13.
The closest station to 48, Springfield Close, Corsham is Melksham station which is 7.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Springfield Close, Corsham, 60.7% of property is privately rented and 20.7% is privately owned outright.
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, Springfield Close, Corsham, 23.2% of residents are recorded as possessing school level qualifications and 44.5% 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, Springfield Close, 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, Springfield Close, 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, Springfield Close, Corsham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.