According to the public record, 7, Springfield Close, Corsham is a mid-century freehold house with 796 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Close, Corsham, SN13 is located within the SN13 postal district.
7, Springfield Close, Corsham has 41 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated June 2017.
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 Springfield Close Corsham as £240,629 and the rental value as £1,120 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 7 Springfield Close Corsham has increased by £6,912 (2.9%) and its rental value has increased by £91 per month (8.1%).
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 7, Springfield Close, Corsham is in very good condition we estimate a sale value of £252,661 and rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,785 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £240,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,183 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, Springfield Close, Corsham sits on a plot of 164m2.
We have plot size data on 14 out of 32 other houses in the postcode and 7, Springfield Close, Corsham sits on the 5th largest plot.
According to HM Land Registry, 7, Springfield Close, Corsham was last sold on 28 Nov 2017 for £185,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2017, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Springfield Close, Corsham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 18, Ashwood Road, Corsham, SN13 0LF, a Freehold house which sold for £237,500 in Apr 2023.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Close, Corsham, SN13 has a total of 65 addresses. According to our analysis of all the public data, 7, Springfield Close, Corsham is the 61st largest and the 59th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in SN13.
7, Springfield Close, Corsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2017.
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, Springfield Close, Corsham is Melksham station which is 7.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Springfield Close, Corsham, 60.7% of property is privately rented and 20.7% is privately owned outright.
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, Springfield Close, Corsham, 23.2% of residents are recorded as possessing school level qualifications and 44.5% 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, Springfield Close, 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, Springfield Close, Corsham, 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, Springfield Close, Corsham, 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.