According to the public record, Flat 44, Giffords Court, Melksham is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Giffords Court, Lowbourne, Melksham, SN12.
Lowbourne, Melksham, SN12 is located within the SN12 postal district.
Flat 44, Giffords Court, Melksham has 21 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated November 2013.
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 Flat 44 Giffords Court Melksham as £131,685 and the rental value as £681 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 44 Giffords Court Melksham has increased by £4,196 (3.2%) and its rental value has increased by £39 per month (5.7%).
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 Flat 44, Giffords Court, Melksham is in very good condition we estimate a sale value of £138,270 and rental value of £715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,467 and a rental value of £633 per month.
If you were able to purchase this property for the estimated value of £131,685, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £647 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, Flat 44, Giffords Court, Melksham was last sold on 31 Jul 2020 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 44, Giffords Court, Melksham within a radius of 600 metres over the last 2 years.
The most recent example is Flat 25, Giffords Court, Lowbourne, Melksham, SN12 7DY, a Leasehold flat which sold for £80,000 in May 2023.
Read more about house prices in SN12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowbourne, Melksham, SN12 has a total of 93 addresses. According to our analysis of all the public data, Flat 44, Giffords Court, Melksham is the 52nd largest and the 67th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in SN12.
Flat 44, Giffords Court, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 44, Giffords Court, Melksham is Melksham station which is 900 metres 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 Flat 44, Giffords Court, Melksham, 40.3% of property is privately owned with a mortgage and 21.8% 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 Flat 44, Giffords Court, Melksham, 20.7% of residents are recorded as possessing school level qualifications and 21.9% 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 Flat 44, Giffords Court, Melksham, the average age was 45.2 and the most common age was 57.
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 Flat 44, Giffords Court, Melksham, 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 Flat 44, Giffords Court, Melksham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.