According to the public record, 5, Bankwaters Road, Corsham is a mid-century freehold house with 947 ft2 of internal area and sits on a 340 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bankwaters Road, Corsham, SN13 is located within the SN13 postal district.
5, Bankwaters Road, Corsham has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated August 2015.
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 5 Bankwaters Road Corsham as £246,131 and the rental value as £1,115 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 5 Bankwaters Road Corsham has increased by £7,070 (2.9%) and its rental value has increased by £91 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 5, Bankwaters Road, Corsham is in very good condition we estimate a sale value of £258,438 and rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,902 and a rental value of £1,037 per month.
If you were able to purchase this property for the estimated value of £246,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,210 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, 5, Bankwaters Road, Corsham sits on a plot of 340m2.
We have plot size data on 5 out of 6 other houses in the postcode and 5, Bankwaters Road, Corsham sits on the 2nd largest plot.
According to HM Land Registry, 5, Bankwaters Road, Corsham was last sold on 17 Oct 2016 for £87,100 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bankwaters Road, Corsham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 16, Long Close Avenue, Corsham, SN13 0NH, a Freehold house which sold for £260,000 in Nov 2022.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankwaters Road, Corsham, SN13 has a total of 15 addresses. According to our analysis of all the public data, 5, Bankwaters Road, Corsham is the largest and the most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in SN13.
5, Bankwaters Road, Corsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2015.
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 5, Bankwaters Road, Corsham is Melksham station which is 7.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Bankwaters Road, Corsham, 58.0% of property is socially rented and 17.3% 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 5, Bankwaters Road, Corsham, 21.1% of residents are recorded as possessing school level qualifications and 17.1% 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, Bankwaters Road, 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 5, Bankwaters Road, Corsham, 0.6% 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, Bankwaters Road, Corsham, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.