According to the public record, 185A, Melksham Lane, Melksham is a early-century house with 2,195 ft2 of internal area and sits on a 1,433 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Melksham Lane, Broughton Gifford, Melksham, SN12 is located within the SN12 postal district.
185A, Melksham Lane, Melksham has no records in the Land Registry database and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 185A Melksham Lane Melksham as £733,919 and the rental value as £1,911 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 185A Melksham Lane Melksham has increased by £6,280 (0.9%) and its rental value has increased by £75 per month (3.9%).
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 185A, Melksham Lane, Melksham is in very good condition we estimate a sale value of £770,615 and rental value of £2,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £682,545 and a rental value of £1,777 per month.
If you were able to purchase this property for the estimated value of £733,919, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,607 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, 185A, Melksham Lane, Melksham sits on a plot of 1433m2.
We have plot size data on 5 out of 10 other houses in the postcode and 185A, Melksham Lane, Melksham sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 185A, Melksham Lane, Melksham within a radius of 1.3km over the last 2 years.
The most recent example is Greenacres, The Street, Melksham, SN12 8PR, a Freehold house which sold for £865,000 in Oct 2023.
Read more about house prices in SN12.
Melksham Lane, Broughton Gifford, Melksham, SN12 has a total of 11 addresses. According to our analysis of all the public data, 185A, Melksham Lane, Melksham is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £422k more expensive than the average property in SN12.
185A, Melksham Lane, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 185A, Melksham Lane, Melksham is Melksham station which is 1.9 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 185A, Melksham Lane, Melksham, 41.0% of property is privately owned with a mortgage and 36.8% 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 185A, Melksham Lane, Melksham, 18.1% of residents are recorded as possessing school level qualifications and 31.9% 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 185A, Melksham Lane, 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 185A, Melksham Lane, Melksham, 0.6% 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 185A, Melksham Lane, 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.