According to the public record, 8, Avon Road, Melksham is a mid-century freehold house and with 871 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Avon Road, Melksham, SN12 is located within the SN12 postal district.
8, Avon Road, Melksham has 21 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated December 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 8 Avon Road Melksham as £256,931 and the rental value as £1,119 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Avon Road Melksham has increased by £9,044 (3.5%) and its rental value has increased by £68 per month (6.1%).
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 8, Avon Road, Melksham is in very good condition we estimate a sale value of £269,778 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,946 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £256,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,263 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, Avon Road, Melksham sits on a plot of 257m2.
We have plot size data on 14 out of 28 other houses in the postcode and 8, Avon Road, Melksham sits on the 9th largest plot.
According to HM Land Registry, 8, Avon Road, Melksham was last sold on 27 May 2021 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Avon Road, Melksham within a radius of 183m over the last 2 years.
The most recent example is 10, Avon Road, Melksham, SN12 8AY, a Freehold house which sold for £260,000 in Dec 2023.
Read more about house prices in SN12.
Avon Road, Melksham, SN12 has a total of 57 addresses. According to our analysis of all the public data, 8, Avon Road, Melksham is the 45th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SN12.
8, Avon Road, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 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 8, Avon Road, Melksham is Melksham station which is 500 m 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 8, Avon Road, Melksham, 69.6% of property is privately owned outright and 19.2% 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, Avon Road, Melksham, 8.1% of residents are recorded as possessing school level qualifications and 22.6% 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 8, Avon Road, Melksham, the average age was 41.7 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, Avon Road, Melksham, 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 8, Avon Road, Melksham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.