According to the public record, 62, Dunch Lane, Melksham is a early-century freehold house with 807 ft2 of internal area and sits on a 345 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Dunch Lane, Melksham, SN12 is located within the SN12 postal district.
62, Dunch Lane, Melksham has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated July 2014.
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 62 Dunch Lane Melksham as £273,018 and the rental value as £1,125 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 62 Dunch Lane Melksham has increased by £9,610 (3.5%) and its rental value has increased by £68 per month (6.1%).
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 62, Dunch Lane, Melksham is in very good condition we estimate a sale value of £286,669 and rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,907 and a rental value of £1,046 per month.
If you were able to purchase this property for the estimated value of £273,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,342 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, 62, Dunch Lane, Melksham sits on a plot of 345m2.
We have plot size data on 28 out of 47 other houses in the postcode and 62, Dunch Lane, Melksham sits on the 14th largest plot.
According to HM Land Registry, 62, Dunch Lane, Melksham was last sold on 18 Sep 2015 for £192,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 43.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Dunch Lane, Melksham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 72, Dunch Lane, Melksham, SN12 8DX, a Freehold house which sold for £262,000 in Jun 2023.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dunch Lane, Melksham, SN12 has a total of 47 addresses. According to our analysis of all the public data, 62, Dunch Lane, Melksham is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in SN12.
62, Dunch Lane, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2014.
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 62, Dunch Lane, Melksham is Melksham station which is 800 metres 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 62, Dunch Lane, Melksham, 40.9% of property is privately owned outright and 35.0% 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 62, Dunch Lane, Melksham, 9.2% of residents are recorded as possessing school level qualifications and 28.1% 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 62, Dunch Lane, 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 62, Dunch Lane, Melksham, 0.7% 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 62, Dunch Lane, 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.