According to the public record, 49, Potley Lane, Corsham is a modern freehold house with 1,410 ft2 of internal area and sits on a 478 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Potley Lane, Corsham, SN13 is located within the SN13 postal district.
49, Potley Lane, Corsham has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated September 2017.
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 49 Potley Lane Corsham as £462,133 and the rental value as £1,725 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 49 Potley Lane Corsham has increased by £1,961 (0.4%) and its rental value has increased by £96 per month (5.6%).
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 49, Potley Lane, Corsham is in very good condition we estimate a sale value of £485,240 and rental value of £1,811 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,784 and a rental value of £1,604 per month.
If you were able to purchase this property for the estimated value of £462,133, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,271 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, 49, Potley Lane, Corsham sits on a plot of 478m2.
We have plot size data on 32 out of 37 other houses in the postcode and 49, Potley Lane, Corsham sits on the 9th largest plot.
According to HM Land Registry, 49, Potley Lane, Corsham was last sold on 27 Oct 2017 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Potley Lane, Corsham within a radius of 880 metres over the last 2 years.
The most recent example is 3, Portland Rise, Corsham, SN13 9GT, a Freehold house which sold for £465,000 in Feb 2021.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Potley Lane, Corsham, SN13 has a total of 59 addresses. According to our analysis of all the public data, 49, Potley Lane, Corsham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in SN13.
49, Potley Lane, Corsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 49, Potley Lane, Corsham is Melksham station which is 6.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Potley Lane, Corsham, 45.7% of property is socially rented and 31.0% 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 49, Potley Lane, Corsham, 28.9% 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 49, Potley 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 49, Potley Lane, 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 49, Potley Lane, Corsham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.