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According to the public record, 2, Prospect Fields, Melksham is a modern freehold house with 1,959 ft2 of internal area and sits on a 1,043 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Prospect Fields, Melksham is £758,896 and the estimated rental value is £2,043 per month.
Prospect Fields, Atworth, Melksham, SN12 is located within the SN12 postal district.
2, Prospect Fields, Melksham has 21 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that 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.
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 2, Prospect Fields, Melksham is in very good condition we estimate a sale value of £796,841 and a rental value of £2,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £705,773 and a rental value of £1,900 per month.
Over the last 12 months the sale value of 2 Prospect Fields Melksham has decreased by an estimated £3,791 (0.5%) and its rental value has increased by an estimated £63 per month (3.1%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 2, Prospect Fields, Melksham sits on a plot of 1043m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Prospect Fields, Melksham sits on the largest plot.
2, Prospect Fields, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Prospect Fields, Melksham was last sold on 27th August 2021 for £690,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has dropped 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Prospect Fields, Melksham within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 154A, Bath Road, Melksham, SN12 8JR, a freehold house which sold for £655,000 on the 3rd September 2021.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Fields, Atworth, Melksham, SN12 has a total of 6 addresses. According to our analysis of all the public data, 2, Prospect Fields, Melksham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £440k more expensive than the average property in SN12.
The closest station to 2, Prospect Fields, Melksham is Melksham station which is 3.6 kilometres 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 2, Prospect Fields, Melksham, 54.1% of property is privately owned outright and 32.0% 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 2, Prospect Fields, Melksham, 13.3% of residents are recorded as possessing school level qualifications and 47.7% 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 2, Prospect Fields, 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 2, Prospect Fields, Melksham, 0.5% 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, Prospect Fields, 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.