According to the public record, 6, Martlet Close, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,121 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Martlet Close, Bowerhill, Melksham, SN12 is located within the SN12 postal district.
6, Martlet Close, Melksham has a single entry in the Land Registry database from May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Martlet Close Melksham as £373,490 and the rental value as £1,362 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 6 Martlet Close Melksham has increased by £6,134 (1.6%) and its rental value has increased by £56 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 6, Martlet Close, Melksham is in very good condition we estimate a sale value of £392,165 and rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,346 and a rental value of £1,267 per month.
If you were able to purchase this property for the estimated value of £373,490, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,836 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, 6, Martlet Close, Melksham was last sold on 02 May 2008 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 67.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Martlet Close, Melksham within a radius of 164m over the last 2 years.
The most recent example is 6, Fulmar Close, Melksham, SN12 6XU, a Freehold house which sold for £342,500 in Feb 2024.
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, 6, Martlet Close, Melksham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in SN12.
The closest station to 6, 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 6, 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 6, 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 6, 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 6, 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 6, 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.