According to the public record, 8, Ashley Close, Melksham is a mid-century freehold house with 742 ft2 of internal area and sits on a 346 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ashley Close, Whitley, Melksham, SN12 is located within the SN12 postal district.
8, Ashley Close, Melksham has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated May 2021.
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 8 Ashley Close Melksham as £324,866 and the rental value as £1,143 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 8 Ashley Close Melksham has increased by £6,722 (2.1%) and its rental value has increased by £62 per month (5.5%).
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 8, Ashley Close, Melksham is in very good condition we estimate a sale value of £341,109 and rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,125 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £324,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,597 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, 8, Ashley Close, Melksham sits on a plot of 346m2.
We have plot size data on 5 out of 10 other houses in the postcode and 8, Ashley Close, Melksham sits on the 5th largest plot.
According to HM Land Registry, 8, Ashley Close, Melksham was last sold on 20 Dec 2021 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ashley Close, Melksham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 36, Ashley Close, Melksham, SN12 8RJ, a Freehold house which sold for £300,000 in Feb 2024.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashley Close, Whitley, Melksham, SN12 has a total of 38 addresses. According to our analysis of all the public data, 8, Ashley Close, Melksham is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in SN12.
8, Ashley Close, Melksham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 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 8, Ashley Close, Melksham is Melksham station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Ashley Close, Melksham, 70.1% of property is privately owned outright and 22.6% 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 8, Ashley Close, Melksham, 10.1% of residents are recorded as possessing school level qualifications and 39.1% 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 8, Ashley Close, Melksham, the average age was 42.4 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 8, Ashley Close, Melksham, 4.2% 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 8, Ashley Close, Melksham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.