According to the public record, 5, Ash Lane, Corsham is a modern leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Ash Lane, Corsham, SN13 is located within the SN13 postal district.
5, Ash Lane, Corsham has a single entry in the Land Registry database from September 2022 and a single entry in the EPC database dated November 2019.
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 good condition, we estimate the current sale value for 5 Ash Lane Corsham as £540,349 and the rental value as £1,644 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 5 Ash Lane Corsham has increased by £17,938 (3.3%) and its rental value has increased by £141 per month (8.6%).
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 5, Ash Lane, Corsham is in very good condition we estimate a sale value of £567,366 and rental value of £1,726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,524 and a rental value of £1,529 per month.
If you were able to purchase this property for the estimated value of £540,349, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,656 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, 5, Ash Lane, Corsham was last sold on 16 Sep 2022 for £480,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ash Lane, Corsham within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 37, Ash Lane, Corsham, SN13 9GJ, a Leasehold flat which sold for £555,000 in Aug 2023.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ash Lane, Corsham, SN13 has a total of 45 addresses. According to our analysis of all the public data, 5, Ash Lane, Corsham is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in SN13.
5, Ash Lane, Corsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 5, Ash Lane, Corsham is Melksham station which is 6.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Ash Lane, Corsham, 57.1% of property is privately owned outright and 16.7% 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 5, Ash Lane, Corsham, 11.8% of residents are recorded as possessing school level qualifications and 40.4% 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 5, Ash 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 5, Ash Lane, Corsham, 0.7% 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 5, Ash 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.