According to the public record, 356A, Snarlton Lane, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 942 ft2 of internal area and sits on a 293 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Snarlton Lane, Melksham, SN12 is located within the SN12 postal district.
356A, Snarlton Lane, Melksham has 21 entries in the Land Registry database, most recently in March 2008 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 356A Snarlton Lane Melksham as £294,468 and the rental value as £1,209 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 356A Snarlton Lane Melksham has increased by £8,686 (2.9%) and its rental value has increased by £66 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 356A, Snarlton Lane, Melksham is in very good condition we estimate a sale value of £309,192 and rental value of £1,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,856 and a rental value of £1,125 per month.
If you were able to purchase this property for the estimated value of £294,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,447 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, 356A, Snarlton Lane, Melksham sits on a plot of 293m2.
We have plot size data on 27 out of 37 other houses in the postcode and 356A, Snarlton Lane, Melksham sits on the 8th largest plot.
According to HM Land Registry, 356A, Snarlton Lane, Melksham was last sold on 20 Mar 2008 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2008, the market for similar properties has risen 64.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 356A, Snarlton Lane, Melksham within a radius of 106m over the last 2 years.
The most recent example is 356, Snarlton Lane, Melksham, SN12 7QP, a Freehold house which sold for £320,000 in Feb 2024.
Read more about house prices in SN12.
Snarlton Lane, Melksham, SN12 has a total of 77 addresses. According to our analysis of all the public data, 356A, Snarlton Lane, Melksham is the 40th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in SN12.
The closest station to 356A, Snarlton Lane, Melksham is Melksham station which is 2.1 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 356A, Snarlton Lane, Melksham, 53.0% of property is privately owned outright and 30.3% 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 356A, Snarlton Lane, Melksham, 17.4% of residents are recorded as possessing school level qualifications and 31.3% 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 356A, Snarlton 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 356A, Snarlton Lane, Melksham, 1.3% 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 356A, Snarlton 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.