According to the public record, 8, Dial Close, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,335 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Dial Close, Seend, Melksham, SN12 is located within the SN12 postal district.
8, Dial Close, Melksham has 31 entries in the Land Registry database, most recently in July 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Dial Close Melksham as £386,874 and the rental value as £1,408 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Dial Close Melksham has increased by £3,186 (0.8%) and its rental value has increased by £49 per month (3.5%).
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, Dial Close, Melksham is in very good condition we estimate a sale value of £406,217 and rental value of £1,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,792 and a rental value of £1,309 per month.
If you were able to purchase this property for the estimated value of £386,874, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 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 HM Land Registry, 8, Dial Close, Melksham was last sold on 28 Jul 2014 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2014, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Dial Close, Melksham within a radius of 255m over the last 2 years.
The most recent example is 7 Weavers Cottages, Melksham, SN12 6NN, a Freehold house which sold for £250,000 in Oct 2017.
Read more about house prices in SN12.
Dial Close, Seend, Melksham, SN12 has a total of 32 addresses. According to our analysis of all the public data, 8, Dial Close, Melksham is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in SN12.
The closest station to 8, Dial Close, Melksham is Melksham station which is 5.4 km 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, Dial Close, Melksham, 57.1% of property is privately owned outright and 30.2% 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, Dial Close, Melksham, 16.7% of residents are recorded as possessing school level qualifications and 43.7% 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, Dial Close, Melksham, the average age was 47.6 and the most common age was 57.
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, Dial Close, Melksham, 1.4% 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, Dial Close, Melksham, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.