According to the public record, 92, Corsham Road, Melksham is a period freehold house with 1,194 ft2 of internal area and sits on a 374 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Corsham Road, Whitley, Melksham, SN12 is located within the SN12 postal district.
92, Corsham Road, Melksham has 31 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated August 2020.
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 92 Corsham Road Melksham as £500,892 and the rental value as £1,438 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 92 Corsham Road Melksham has increased by £3,307 (0.7%) and its rental value has increased by £58 per month (4.0%).
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 92, Corsham Road, Melksham is in very good condition we estimate a sale value of £525,936 and rental value of £1,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,829 and a rental value of £1,337 per month.
If you were able to purchase this property for the estimated value of £500,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,462 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, 92, Corsham Road, Melksham sits on a plot of 374m2.
We have plot size data on 30 out of 45 other houses in the postcode and 92, Corsham Road, Melksham sits on the 24th largest plot.
According to HM Land Registry, 92, Corsham Road, Melksham was last sold on 16 Nov 2020 for £366,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2020, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 92, Corsham Road, Melksham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 8, Springfield Gardens, Melksham, SN12 8RQ, a Freehold house which sold for £525,000 in Nov 2022.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corsham Road, Whitley, Melksham, SN12 has a total of 53 addresses. According to our analysis of all the public data, 92, Corsham Road, Melksham is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in SN12.
92, Corsham Road, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2020.
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 92, Corsham Road, Melksham is Melksham station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 92, Corsham Road, Melksham, 36.2% of property is privately owned outright and 32.4% is socially rented.
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 92, Corsham Road, Melksham, 23.2% of residents are recorded as possessing school level qualifications and 30.9% 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 92, Corsham Road, 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 92, Corsham Road, Melksham, 1.8% 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 92, Corsham Road, 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.