According to the public record, Jessmead, Melksham is a modern freehold house and with 1,528 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
School Lane, Shaw, Melksham, SN12 is located within the SN12 postal district.
Jessmead, Melksham has 2 entries in the Land Registry database, most recently in February 2021 and 4 entries in the EPC database, most recently in August 2020.
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 Jessmead Melksham as £563,436 and the rental value as £1,516 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Jessmead Melksham has increased by £3,720 (0.7%) and its rental value has increased by £61 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 Jessmead, Melksham is in very good condition we estimate a sale value of £591,607 and rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,995 and a rental value of £1,410 per month.
If you were able to purchase this property for the estimated value of £563,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,769 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, Jessmead, Melksham sits on a plot of 376m2.
We have plot size data on 8 out of 11 other houses in the postcode and Jessmead, Melksham sits on the 3rd largest plot.
According to HM Land Registry, Jessmead, Melksham was last sold on 12 Feb 2021 for £485,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Jessmead, Melksham within a radius of 92m over the last 2 years.
The most recent example is 5, Beeches Green, Melksham, SN12 8JD, a Freehold house which sold for £550,000 in Dec 2023.
Read more about house prices in SN12.
School Lane, Shaw, Melksham, SN12 has a total of 15 addresses. According to our analysis of all the public data, Jessmead, Melksham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in SN12.
Jessmead, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2020.
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 Jessmead, Melksham is Melksham station which is 1.7 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 Jessmead, Melksham, 70.1% of property is privately owned outright and 22.6% 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 Jessmead, Melksham, 10.1% of residents are recorded as possessing school level qualifications and 39.1% 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 Jessmead, 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 Jessmead, Melksham, 4.2% 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 Jessmead, Melksham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.