According to the public record, 7, Vespasian Road, Marlborough is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Vespasian Road, Marlborough, SN8 is located within the SN8 postal district.
7, Vespasian Road, Marlborough has no records in the Land Registry database and a single entry in the EPC database dated August 2021.
We combine this information with public data 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 Vespasian Road Marlborough as £212,828 and the rental value as £1,017 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 7 Vespasian Road Marlborough has decreased by £1,388 (0.7%) and its rental value has increased by £29 per month (2.8%).
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, Vespasian Road, Marlborough is in very good condition we estimate a sale value of £223,469 and rental value of £1,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,930 and a rental value of £946 per month.
If you were able to purchase this property for the estimated value of £212,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,046 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Vespasian Road, Marlborough within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 17, Vespasian Road, Marlborough, SN8 2FB, a Leasehold flat which sold for £205,000 in Oct 2019.
Read more about house prices in SN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vespasian Road, Marlborough, SN8 has a total of 58 addresses. According to our analysis of all the public data, 7, Vespasian Road, Marlborough is the 57th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £319k less expensive than the average property in SN8.
7, Vespasian Road, Marlborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2021.
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, Vespasian Road, Marlborough is Bedwyn station which is 8.7 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, Vespasian Road, Marlborough, 31.1% of property is socially rented and 30.3% 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, Vespasian Road, Marlborough, 8.5% of residents are recorded as possessing school level qualifications and 42.4% 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, Vespasian Road, Marlborough, the average age was 43.7 and the most common age was 17.
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, Vespasian Road, Marlborough, 2.3% 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, Vespasian Road, Marlborough, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.