According to the public record, 5, Martlet Close, Melksham is a modern freehold house and with 1,259 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Martlet Close, Bowerhill, Melksham, SN12 is located within the SN12 postal district.
5, Martlet Close, Melksham has 31 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated November 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 5 Martlet Close Melksham as £396,298 and the rental value as £1,408 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Martlet Close Melksham has increased by £6,508 (1.6%) and its rental value has increased by £58 per month (4.1%).
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, Martlet Close, Melksham is in very good condition we estimate a sale value of £416,113 and rental value of £1,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,557 and a rental value of £1,310 per month.
If you were able to purchase this property for the estimated value of £396,298, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,948 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, Martlet Close, Melksham sits on a plot of 257m2.
We have plot size data on 7 out of 29 other houses in the postcode and 5, Martlet Close, Melksham sits on the 6th largest plot.
According to HM Land Registry, 5, Martlet Close, Melksham was last sold on 09 Jan 2019 for £315,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2019, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Martlet Close, Melksham within a radius of 117m over the last 2 years.
The most recent example is 2, Fulmar Close, Melksham, SN12 6XU, a Freehold house which sold for £350,000 in Aug 2019.
Read more about house prices in SN12.
Martlet Close, Bowerhill, Melksham, SN12 has a total of 29 addresses. According to our analysis of all the public data, 5, Martlet Close, Melksham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in SN12.
5, Martlet Close, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2017.
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, Martlet Close, Melksham is Melksham station which is 2.7 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, Martlet Close, Melksham, 59.8% of property is privately owned outright and 37.7% 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, Martlet Close, Melksham, 14.9% of residents are recorded as possessing school level qualifications and 29.6% 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, Martlet Close, Melksham, the average age was 42.4 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, Martlet Close, 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, Martlet Close, Melksham, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.