According to the public record, 39B, Eden Grove, Melksham is a mid-century freehold house with 1,259 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Eden Grove, Whitley, Melksham, SN12 is located within the SN12 postal district.
39B, Eden Grove, Melksham has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated January 2023.
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 39B Eden Grove Melksham as £370,018 and the rental value as £1,391 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 39B Eden Grove Melksham has increased by £2,443 (0.7%) and its rental value has increased by £56 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 39B, Eden Grove, Melksham is in very good condition we estimate a sale value of £388,519 and rental value of £1,461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,117 and a rental value of £1,294 per month.
If you were able to purchase this property for the estimated value of £370,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,819 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, 39B, Eden Grove, Melksham was last sold on 16 Feb 2023 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39B, Eden Grove, Melksham within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 39A, Eden Grove, Melksham, SN12 8QJ, a Freehold house which sold for £389,000 in Jul 2023.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eden Grove, Whitley, Melksham, SN12 has a total of 55 addresses. According to our analysis of all the public data, 39B, Eden Grove, Melksham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in SN12.
39B, Eden Grove, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 39B, Eden Grove, Melksham is Melksham station which is 2.2 kilometres 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 39B, Eden Grove, 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 39B, Eden Grove, 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 39B, Eden Grove, 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 39B, Eden Grove, 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 39B, Eden Grove, 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.