According to the public record, 7, Melville Close, Swindon is a mid-century freehold house with 979 ft2 of internal area and sits on a 186 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melville Close, Swindon, SN3 is located within the SN3 postal district.
7, Melville Close, Swindon has a single entry in the Land Registry database from April 2015 and a single entry in the EPC database dated January 2015.
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 Melville Close Swindon as £276,450 and the rental value as £1,166 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Melville Close Swindon has increased by £6,852 (2.5%) and its rental value has increased by £67 per month (5.8%).
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, Melville Close, Swindon is in very good condition we estimate a sale value of £290,272 and rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,098 and a rental value of £1,085 per month.
If you were able to purchase this property for the estimated value of £276,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,359 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, Melville Close, Swindon sits on a plot of 186m2.
We have plot size data on 5 out of 12 other houses in the postcode and 7, Melville Close, Swindon sits on the 4th largest plot.
According to HM Land Registry, 7, Melville Close, Swindon was last sold on 08 Apr 2015 for £153,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2015, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Melville Close, Swindon within a radius of 530 metres over the last 2 years.
The most recent example is 23, Walsingham Road, Swindon, SN3 3AL, a Freehold house which sold for £240,000 in Jan 2023.
Read more about house prices in SN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melville Close, Swindon, SN3 has a total of 12 addresses. According to our analysis of all the public data, 7, Melville Close, Swindon is the largest and the most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in SN3.
7, Melville Close, Swindon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2015.
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, Melville Close, Swindon is Swindon (Wilts) station which is 1.8 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, Melville Close, Swindon, 45.0% of property is socially rented and 20.8% 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, Melville Close, Swindon, 18.6% of residents are recorded as possessing school level qualifications and 18.6% 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 7, Melville Close, Swindon, the average age was 36.2 and the most common age was 12.
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, Melville Close, Swindon, 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 7, Melville Close, Swindon, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.