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15, Chervil Avenue, Melksham is recorded publicly as a modern freehold house across 1,399 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 15, Chervil Avenue, Melksham is £418,553 and its rental estimate is £1,557 per month, given the available information and assuming reasonable condition.
Chervil Avenue, Melksham, SN12 falls within the SN12 postal district.
15, Chervil Avenue, Melksham has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Chervil Avenue, Melksham, we estimate a market value of £439,480 and a rental value of £1,635 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,254 and £1,448 per month respectively.
Over the last year, 15, Chervil Avenue, Melksham has seen its estimated sale value drop by £1,435 (0.3%) and its estimated rental value rise by £55 per month (3.5%). This results in an estimated gross rental yield of 4.5%.
15, Chervil Avenue, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 15, Chervil Avenue, Melksham completed on 29th June 2023 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.3% over the period since June 2023.
Over the past 2 years 3 properties similar to 15, Chervil Avenue, Melksham have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2024, was 41, Basil Drive, Melksham, SN12 6LT, a freehold house which sold for £357,000.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Chervil Avenue, Melksham, SN12, 15, Chervil Avenue, Melksham comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £101k more expensive than the average property across the SN12 district.
From 15, Chervil Avenue, Melksham, the nearest station is Melksham, 2.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Chervil Avenue, Melksham, % of property is and % is .
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 15, Chervil Avenue, Melksham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 15, Chervil Avenue, 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 15, Chervil Avenue, Melksham, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.