According to the public record, 5, Murray Walk, Melksham is a mid-century freehold house and with 861 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Murray Walk, Melksham, SN12 is located within the SN12 postal district.
5, Murray Walk, Melksham has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated May 2021.
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 Murray Walk Melksham as £272,026 and the rental value as £1,139 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 5 Murray Walk Melksham has increased by £11,049 (4.1%) and its rental value has increased by £75 per month (6.5%).
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, Murray Walk, Melksham is in very good condition we estimate a sale value of £285,627 and rental value of £1,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,984 and a rental value of £1,060 per month.
If you were able to purchase this property for the estimated value of £272,026, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,337 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, Murray Walk, Melksham sits on a plot of 232m2.
We have plot size data on 8 out of 19 other houses in the postcode and 5, Murray Walk, Melksham sits on the 7th largest plot.
According to HM Land Registry, 5, Murray Walk, Melksham was last sold on 25 May 2023 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Murray Walk, Melksham within a radius of 281m over the last 2 years.
The most recent example is 39, Forest Road, Melksham, SN12 7AA, a Freehold house which sold for £217,000 in Nov 2023.
Read more about house prices in SN12.
Murray Walk, Melksham, SN12 has a total of 19 addresses. According to our analysis of all the public data, 5, Murray Walk, Melksham is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SN12.
5, Murray Walk, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 5, Murray Walk, Melksham is Melksham station which is 900 m 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, Murray Walk, Melksham, 47.4% of property is privately owned outright and 35.1% 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, Murray Walk, Melksham, 16.6% of residents are recorded as possessing school level qualifications and 30.0% 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, Murray Walk, 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, Murray Walk, Melksham, 0.8% 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, Murray Walk, 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.