According to the public record, 5, Leaze Road, Melksham is a early-century freehold house and with 1,011 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Leaze Road, Melksham, SN12 is located within the SN12 postal district.
5, Leaze Road, Melksham has 3 entries in the Land Registry database, most recently in June 2022 and 2 entries in the EPC database, most recently in September 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 Leaze Road Melksham as £240,224 and the rental value as £1,076 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 5 Leaze Road Melksham has increased by £10,487 (4.4%) and its rental value has increased by £74 per month (6.9%).
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, Leaze Road, Melksham is in very good condition we estimate a sale value of £252,236 and rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,409 and a rental value of £1,000 per month.
If you were able to purchase this property for the estimated value of £240,224, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,181 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, Leaze Road, Melksham sits on a plot of 249m2.
We have plot size data on 11 out of 20 other houses in the postcode and 5, Leaze Road, Melksham sits on the 7th largest plot.
According to HM Land Registry, 5, Leaze Road, Melksham was last sold on 01 Jun 2022 for £240,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Leaze Road, Melksham within a radius of 117m over the last 2 years.
The most recent example is 4, Short Street, Melksham, SN12 7EY, a Freehold house which sold for £265,000 in Aug 2023.
Read more about house prices in SN12.
Leaze Road, Melksham, SN12 has a total of 20 addresses. According to our analysis of all the public data, 5, Leaze Road, Melksham is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in SN12.
5, Leaze Road, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 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, Leaze Road, Melksham is Melksham station which is 1.4 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 5, Leaze Road, Melksham, 35.3% of property is privately owned outright and 32.8% 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, Leaze Road, Melksham, 21.1% of residents are recorded as possessing school level qualifications and 22.3% 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 5, Leaze Road, Melksham, the average age was 41.7 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, Leaze Road, Melksham, 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 5, Leaze Road, Melksham, 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.