According to the public record, 1A, Gorse Place, Corsham is a modern Leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Gorse Place, Corsham, SN13.
Gorse Place, Corsham, SN13 is located within the SN13 postal district.
1A, Gorse Place, Corsham has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated August 2022.
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 1A Gorse Place Corsham as £217,346 and the rental value as £1,254 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 1A Gorse Place Corsham has increased by £5,248 (2.4%) and its rental value has increased by £96 per month (7.7%).
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 1A, Gorse Place, Corsham is in very good condition we estimate a sale value of £228,213 and rental value of £1,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,132 and a rental value of £1,166 per month.
If you were able to purchase this property for the estimated value of £217,346, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,068 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, 1A, Gorse Place, Corsham was last sold on 18 Nov 2022 for £216,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Gorse Place, Corsham within a radius of 720 metres over the last 2 years.
The most recent example is 38, Buckthorn Row, Corsham, SN13 9WE, a Leasehold flat which sold for £212,500 in Aug 2022.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Place, Corsham, SN13 has a total of 10 addresses. According to our analysis of all the public data, 1A, Gorse Place, Corsham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in SN13.
1A, Gorse Place, Corsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2022.
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 1A, Gorse Place, Corsham is Melksham station which is 6.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1A, Gorse Place, Corsham, 33.9% of property is privately owned with a mortgage and 24.4% 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 1A, Gorse Place, Corsham, 27.3% of residents are recorded as possessing school level qualifications and 42.3% 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 1A, Gorse Place, Corsham, the average age was 43.7 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 1A, Gorse Place, Corsham, 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 1A, Gorse Place, Corsham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.