According to the public record, 7, Groundstone Way, Corsham is a modern freehold house with 1,216 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Groundstone Way, Corsham, SN13 is located within the SN13 postal district.
7, Groundstone Way, Corsham has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated February 2020.
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 good condition, we estimate the current sale value for 7 Groundstone Way Corsham as £442,136 and the rental value as £1,705 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 7 Groundstone Way Corsham has increased by £3,803 (0.9%) and its rental value has increased by £103 per month (6.0%).
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 7, Groundstone Way, Corsham is in very good condition we estimate a sale value of £464,243 and rental value of £1,790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,186 and a rental value of £1,586 per month.
If you were able to purchase this property for the estimated value of £442,136, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,173 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, 7, Groundstone Way, Corsham sits on a plot of 203m2.
We have plot size data on 48 out of 51 other houses in the postcode and 7, Groundstone Way, Corsham sits on the 38th largest plot.
According to HM Land Registry, 7, Groundstone Way, Corsham was last sold on 15 Jan 2021 for £324,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Groundstone Way, Corsham within a radius of 970 metres over the last 2 years.
The most recent example is 2, Nobles Place, Corsham, SN13 0FE, a Freehold house which sold for £450,000 in Nov 2022.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groundstone Way, Corsham, SN13 has a total of 57 addresses. According to our analysis of all the public data, 7, Groundstone Way, Corsham is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in SN13.
7, Groundstone Way, Corsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Groundstone Way, Corsham is Melksham station which is 7.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Groundstone Way, Corsham, 47.0% of property is privately rented 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 7, Groundstone Way, Corsham, 19.2% of residents are recorded as possessing school level qualifications and 38.5% 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 7, Groundstone Way, Corsham, the average age was 41.4 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 7, Groundstone Way, Corsham, 1.3% 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 7, Groundstone Way, Corsham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.