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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
2, Newall Road, Melksham is described in the public record as a modern apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Newall Road, Melksham is £120,658 and its rental estimate is £668 per month, given the available information and assuming reasonable condition.
Newall Road, Bowerhill, Melksham, SN12 falls within the SN12 postal district.
2, Newall Road, Melksham has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Newall Road, Melksham, we estimate a market value of £126,691 and a rental value of £701 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £112,212 and £621 per month respectively.
Over the last year, 2, Newall Road, Melksham has seen its estimated sale value rise by £598 (0.5%) and its estimated rental value move up by £28 per month (4.2%). This results in an estimated gross rental yield of 6.6%.
2, Newall Road, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to 2, Newall Road, Melksham has sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2019, was 24, Hurricane Road, Melksham, SN12 6SZ, a leasehold flat which sold for £85,000.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 47 addresses on Newall Road, Bowerhill, Melksham, SN12, 2, Newall Road, Melksham comes out as the 46th largest and the 46th most expensive in our analysis of the public data.
It is also £196k less expensive than the average property across the SN12 district.
From 2, Newall Road, Melksham, the nearest station is Melksham, 2.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Newall Road, 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 2, Newall Road, 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 2, Newall Road, 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 2, Newall Road, 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.
