According to the public record, 8, Lacemakers Road, Malmesbury is a modern freehold house with 1,151 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lacemakers Road, Malmesbury, SN16 is located within the SN16 postal district.
8, Lacemakers Road, Malmesbury has 21 entries in the Land Registry database, most recently in May 2020 and a single entry in the EPC database dated April 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 Lacemakers Road Malmesbury as £501,678 and the rental value as £1,575 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 8 Lacemakers Road Malmesbury has increased by £20,290 (4.0%) and its rental value has increased by £91 per month (5.8%).
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 8, Lacemakers Road, Malmesbury is in very good condition we estimate a sale value of £526,761 and rental value of £1,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,560 and a rental value of £1,465 per month.
If you were able to purchase this property for the estimated value of £501,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,466 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, Lacemakers Road, Malmesbury sits on a plot of 369m2.
We have plot size data on 7 out of 14 other houses in the postcode and 8, Lacemakers Road, Malmesbury sits on the 4th largest plot.
According to HM Land Registry, 8, Lacemakers Road, Malmesbury was last sold on 18 May 2020 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2020, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lacemakers Road, Malmesbury within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 7, Aubrey Rise, Malmesbury, SN16 9XN, a Freehold house which sold for £460,000 in Jan 2022.
Read more about house prices in SN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lacemakers Road, Malmesbury, SN16 has a total of 14 addresses. According to our analysis of all the public data, 8, Lacemakers Road, Malmesbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in SN16.
8, Lacemakers Road, Malmesbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 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, Lacemakers Road, Malmesbury is Kemble station which is 10.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Lacemakers Road, Malmesbury, 42.8% of property is privately owned outright and 34.8% 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, Lacemakers Road, Malmesbury, 19.9% of residents are recorded as possessing school level qualifications and 43.1% 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, Lacemakers Road, Malmesbury, the average age was 42.4 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, Lacemakers Road, Malmesbury, 1.1% 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, Lacemakers Road, Malmesbury, 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.