According to the public record, Merton House, Malmesbury is a modern freehold house with 2,378 ft2 of internal area and sits on a 4,365 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lea, Malmesbury, SN16 is located within the SN16 postal district.
Merton House, Malmesbury has a single entry in the Land Registry database from January 2006 and a single entry in the EPC database dated May 2021.
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 Merton House Malmesbury as £994,692 and the rental value as £2,136 per month giving an expected gross yield of 2.6%.
Over the last 12 months the sale value of Merton House Malmesbury has decreased by £2,762 (0.3%) and its rental value has increased by £34 per month (1.6%).
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 Merton House, Malmesbury is in very good condition we estimate a sale value of £1,044,427 and rental value of £2,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £925,064 and a rental value of £1,986 per month.
If you were able to purchase this property for the estimated value of £994,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,889 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, Merton House, Malmesbury sits on a plot of 4365m2.
We have plot size data on 27 out of 42 other houses in the postcode and Merton House, Malmesbury sits on the 2nd largest plot.
According to HM Land Registry, Merton House, Malmesbury was last sold on 12 Jan 2006 for £680,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Merton House, Malmesbury within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Gable House, Malmesbury, SN16 9PA, a Freehold house which sold for £895,000 in Jun 2021.
Read more about house prices in SN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea, Malmesbury, SN16 has a total of 101 addresses. According to our analysis of all the public data, Merton House, Malmesbury is the 28th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £496k more expensive than the average property in SN16.
Merton House, Malmesbury has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 May 2021.
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 Merton House, Malmesbury is Kemble station which is 11.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Merton House, Malmesbury, 53.7% of property is privately owned outright and 36.5% 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 Merton House, Malmesbury, 19.8% of residents are recorded as possessing school level qualifications and 52.4% 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 Merton House, Malmesbury, the average age was 46.9 and the most common age was 62.
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 Merton House, Malmesbury, 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 Merton House, Malmesbury, 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.