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Alder Way is a residential street with 25 addresses.
It ranks as the 280th largest and 79th most expensive of the 474 streets in the SN12 area. The dominant property type is a modern house built after 1980.
The street contains a total of 25 properties: 25 houses.
Alder Way is a residential street with 25 addresses.
It ranks as the 280th largest and 79th most expensive of the 474 streets in the SN12 area. The dominant property type is a modern house built after 1980.
The street contains a total of 25 properties: 25 houses.
Sale prices range from £217,631 for 2 bedroom freehold houses with a garden (570 ft2) to £435,347 for 5 bedroom freehold houses with a garden (1,808 ft2) .
Monthly rental prices range from £966 pcm for 2 bed houses to £1,621 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 5.4%.
The average value per square foot is £366.
The last sale on Alder Way sold for £227,000 on 23rd August 2024. Since then prices are up an average of 2.7%.
The current average value in the street is £260,762.
The Alder Way Sales Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £260,762 |
| May 2025 | 3% | £261,582 |
| May 2024 | -1.1% | £253,953 |
| May 2023 | 3.6% | £256,741 |
| May 2022 | 11.1% | £247,729 |
| May 2021 | 8.5% | £222,955 |
| May 2020 | -0.6% | £205,518 |
| May 2019 | 1% | £206,829 |
| May 2018 | 3.2% | £204,777 |
| May 2017 | 6.9% | £198,381 |
| May 2016 | 10.8% | £185,550 |
| May 2015 | 5.9% | £167,462 |
| May 2014 | 7.5% | £158,142 |
| May 2013 | -1% | £147,144 |
| May 2012 | -1.5% | £148,615 |
| May 2011 | 2% | £150,886 |
| May 2010 | 7.5% | £147,937 |
| May 2009 | -14.8% | £137,630 |
| May 2008 | 1.6% | £161,576 |
| May 2007 | 0% | £158,955 |
The current average rental value in the street is £1,115.
The Alder Way Rental Market has increased by 63.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £1,115pcm |
| May 2025 | 7.8% | £1,077pcm |
| May 2024 | 6.2% | £999pcm |
| May 2023 | 8.2% | £941pcm |
| May 2022 | 11.7% | £870pcm |
| May 2021 | 5.6% | £779pcm |
| May 2020 | 2% | £738pcm |
| May 2019 | 0.4% | £723pcm |
| May 2018 | 2% | £721pcm |
| May 2017 | 3.7% | £706pcm |
| May 2016 | 6.8% | £681pcm |
| May 2015 | 3.8% | £638pcm |
| May 2014 | 2.6% | £615pcm |
| May 2013 | 1.5% | £599pcm |
| May 2012 | 1.9% | £590pcm |
| May 2011 | 2.5% | £579pcm |
| May 2010 | 4.2% | £565pcm |
| May 2009 | -6.4% | £543pcm |
| May 2008 | 3.8% | £580pcm |
| May 2007 | 0% | £559pcm |
The last sale was on 23rd August 2024 for £227,000 and since then the market in the area has increased by 2.7%. The street has had a total of 60 sales since 1995.
Alder Way, Melksham, SN12 has seen 2 sales in the last three years and no sales in the last twelve months.
Alder Way, Melksham, SN12 is the 280th largest and the 79th most expensive street in the SN12 area.
There is 1 postcode on Alder Way, Melksham, SN12.
The closest station to Alder Way, Melksham, SN12 is Melksham station which is 1.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Alder Way, Melksham, SN12, 50.4% of property is privately owned outright and 35.1% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 Alder Way, Melksham, SN12, 11.7% of residents are recorded as possessing school level qualifications and 23.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Alder Way, Melksham, SN12, 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 Alder Way, Melksham, SN12, 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 Alder Way, Melksham, SN12, 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.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.