According to the public record, 8, Steepe Way, Marlborough is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,596 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Steepe Way, Burbage, Marlborough, SN8 is located within the SN8 postal district.
8, Steepe Way, Marlborough has a single entry in the Land Registry database from March 2011 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 Steepe Way Marlborough as £667,574 and the rental value as £2,123 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 8 Steepe Way Marlborough has increased by £8,612 (1.3%) and its rental value has increased by £115 per month (5.4%).
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, Steepe Way, Marlborough is in very good condition we estimate a sale value of £700,953 and rental value of £2,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £620,844 and a rental value of £1,974 per month.
If you were able to purchase this property for the estimated value of £667,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,281 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, Steepe Way, Marlborough was last sold on 29 Mar 2011 for £446,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2011, the market for similar properties has risen 56.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Steepe Way, Marlborough within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 8, Taskers Lane, Marlborough, SN8 3TQ, a Freehold house which sold for £485,000 in Jan 2024.
Read more about house prices in SN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Steepe Way, Burbage, Marlborough, SN8 has a total of 8 addresses. According to our analysis of all the public data, 8, Steepe Way, Marlborough is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in SN8.
The closest station to 8, Steepe Way, Marlborough is Bedwyn station which is 5.6 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 8, Steepe Way, Marlborough, 44.1% of property is privately owned with a mortgage and 42.1% 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 8, Steepe Way, Marlborough, 13.3% of residents are recorded as possessing school level qualifications and 43.4% 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 8, Steepe Way, Marlborough, the average age was 45.5 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, Steepe Way, Marlborough, 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, Steepe Way, Marlborough, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.