According to the public record, Flat 5, Nessa House 16A, Melksham is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Nessa House, Church Street, Melksham, SN12.
Church Street, Melksham, SN12 is located within the SN12 postal district.
Flat 5, Nessa House 16A, Melksham has no records in the Land Registry database and 2 entries in the EPC database, most recently in January 2023.
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 Flat 5 Nessa House 16A Melksham as £123,536 and the rental value as £593 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 5 Nessa House 16A Melksham has increased by £4,551 (3.7%) and its rental value has increased by £37 per month (6.2%).
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 5, Nessa House 16A, Melksham is in very good condition we estimate a sale value of £129,713 and rental value of £622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,889 and a rental value of £551 per month.
If you were able to purchase this property for the estimated value of £123,536, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Nessa House 16A, Melksham within a radius of 183m over the last 2 years.
The most recent example is 3, Bolwell Place, Melksham, SN12 7FB, a Leasehold flat which sold for £115,000 in Dec 2022.
Read more about house prices in SN12.
Church Street, Melksham, SN12 has a total of 31 addresses. According to our analysis of all the public data, Flat 5, Nessa House 16A, Melksham is the 27th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in SN12.
Flat 5, Nessa House 16A, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Nessa House 16A, Melksham is Melksham station which is 900 m 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 5, Nessa House 16A, Melksham, 39.3% of property is privately owned outright and 35.5% is privately 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 5, Nessa House 16A, Melksham, 8.6% of residents are recorded as possessing school level qualifications and 38.3% 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 Flat 5, Nessa House 16A, 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 5, Nessa House 16A, Melksham, 3.7% 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 5, Nessa House 16A, Melksham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.