According to the public record, 49, Primrose Drive, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 765 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Primrose Drive, Melksham, SN12 is located within the SN12 postal district.
49, Primrose Drive, Melksham has 81 entries in the Land Registry database, most recently in February 2021 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 49 Primrose Drive Melksham as £280,942 and the rental value as £1,101 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 49 Primrose Drive Melksham has increased by £10,251 (3.6%) and its rental value has increased by £67 per month (6.1%).
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 49, Primrose Drive, Melksham is in very good condition we estimate a sale value of £294,989 and rental value of £1,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,276 and a rental value of £1,024 per month.
If you were able to purchase this property for the estimated value of £280,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,381 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, 49, Primrose Drive, Melksham was last sold on 12 Feb 2021 for £202,000 and was recorded as a freehold house.
The property has had 8 sales since 1995.
Since Feb 2021, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Primrose Drive, Melksham within a radius of 159m over the last 2 years.
The most recent example is 105, Primrose Drive, Melksham, SN12 6GD, a Freehold house which sold for £298,000 in Jun 2023.
Read more about house prices in SN12.
Primrose Drive, Melksham, SN12 has a total of 91 addresses. According to our analysis of all the public data, 49, Primrose Drive, Melksham is the 63rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in SN12.
The closest station to 49, Primrose Drive, Melksham is Melksham station which is 1.6 km 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 49, Primrose Drive, Melksham, 46.1% of property is privately owned with a mortgage and 28.3% 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 49, Primrose Drive, Melksham, 22.2% of residents are recorded as possessing school level qualifications and 28.3% 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, Primrose Drive, Melksham, the average age was 45.2 and the most common age was 57.
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, Primrose Drive, Melksham, 0.2% 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, Primrose Drive, Melksham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.