According to the public record, 111B, Middle Lane, Melksham is a mid-century freehold house with 1,173 ft2 of internal area and sits on a 650 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Middle Lane, Whitley, Melksham, SN12 is located within the SN12 postal district.
111B, Middle Lane, Melksham has 21 entries in the Land Registry database, most recently in March 2015 and a single entry in the EPC database dated February 2015.
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 111B Middle Lane Melksham as £605,182 and the rental value as £1,745 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 111B Middle Lane Melksham has increased by £3,995 (0.7%) and its rental value has increased by £70 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 111B, Middle Lane, Melksham is in very good condition we estimate a sale value of £635,442 and rental value of £1,832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,820 and a rental value of £1,622 per month.
If you were able to purchase this property for the estimated value of £605,182, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,974 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, 111B, Middle Lane, Melksham sits on a plot of 650m2.
We have plot size data on 7 out of 9 other houses in the postcode and 111B, Middle Lane, Melksham sits on the 4th largest plot.
According to HM Land Registry, 111B, Middle Lane, Melksham was last sold on 27 Mar 2015 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2015, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111B, Middle Lane, Melksham within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 111C, Middle Lane, Melksham, SN12 8QN, a Freehold house which sold for £575,000 in Mar 2021.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middle Lane, Whitley, Melksham, SN12 has a total of 21 addresses. According to our analysis of all the public data, 111B, Middle Lane, Melksham is the 20th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in SN12.
111B, Middle Lane, Melksham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 111B, Middle Lane, Melksham is Melksham station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 111B, Middle Lane, Melksham, 58.6% of property is privately owned outright and 28.1% 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 111B, Middle Lane, Melksham, 12.9% of residents are recorded as possessing school level qualifications and 42.0% 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 111B, Middle 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 111B, Middle Lane, Melksham, 1.4% 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 111B, Middle Lane, Melksham, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.