According to the public record, 7, Melstock Road, Swindon is a modern freehold house with 1,334 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melstock Road, Swindon, SN25 is located within the SN25 postal district.
7, Melstock Road, Swindon has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated January 2019.
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 7 Melstock Road Swindon as £374,691 and the rental value as £1,489 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Melstock Road Swindon has increased by £2,792 (0.7%) and its rental value has increased by £52 per month (3.5%).
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 7, Melstock Road, Swindon is in very good condition we estimate a sale value of £393,426 and rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,463 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £374,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,841 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, Melstock Road, Swindon sits on a plot of 230m2.
We have plot size data on 34 out of 40 other houses in the postcode and 7, Melstock Road, Swindon sits on the 15th largest plot.
According to HM Land Registry, 7, Melstock Road, Swindon was last sold on 17 Aug 2021 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Melstock Road, Swindon within a radius of 560 metres over the last 2 years.
The most recent example is 101, Queen Elizabeth Drive, Swindon, SN25 1WR, a Freehold house which sold for £275,000 in Aug 2022.
Read more about house prices in SN25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melstock Road, Swindon, SN25 has a total of 69 addresses. According to our analysis of all the public data, 7, Melstock Road, Swindon is the 19th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in SN25.
7, Melstock Road, Swindon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jan 2019.
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 7, Melstock Road, Swindon is Swindon (Wilts) station which is 4.5 kilometres 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 7, Melstock Road, Swindon, 65.4% of property is privately owned with a mortgage and 18.3% is privately rented.
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, Melstock Road, Swindon, 28.9% of residents are recorded as possessing school level qualifications and 35.1% 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 7, Melstock Road, Swindon, the average age was 34.1 and the most common age was 42.
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, Melstock Road, Swindon, 0.3% 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, Melstock Road, Swindon, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.