2, Victoria Terrace
2, Victoria Terrace
Description & Estimates
The public record describes 2, Victoria Terrace, Melksham as a period house with 1,184 ft2 of internal area, sitting on a 131 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Victoria Terrace, Melksham has an estimated sale value of £340,574 and an estimated rental value of £1,371 per month, assuming reasonable condition and based on the information available.
Victoria Terrace, Melksham, SN12 lies within the SN12 postal district.
Our Data Sources
2, Victoria Terrace, Melksham has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Victoria Terrace, Melksham would be worth £357,602, with a potential rental value of £1,439 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,734, with a rental value of £1,275 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Victoria Terrace, Melksham has declined by £1,168 (0.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £49 (3.5%). The property's estimated gross yield is currently 4.8%.
Plot Size
2, Victoria Terrace, Melksham occupies a 131 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
2, Victoria Terrace, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 2, Victoria Terrace, Melksham across the last 2 years.
Most recently, 21, Church Walk, Melksham, SN12 6LY, a freehold house, sold at £370,000 on the 20th August 2021.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Victoria Terrace, Melksham as the 3rd largest and the 3rd most expensive of the 5 addresses on Victoria Terrace, Melksham, SN12.
Against the SN12 postcode district average, it is £23k more expensive than the typical property.
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Schools Nearby
- 300mThe Manor CofE VC Primary School
- 500mRiver Mead School
- 600mAloeric Primary School
- 2.0kmMelksham Oak Community School
- 7.3kmThe Corsham School
- 8.4kmSt Augustine's Catholic College
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Public Transport Nearby
Melksham station is the nearest stop to 2, Victoria Terrace, Melksham at 700 metres away.
- 700mMelksham
- 8.0kmTrowbridge
- 8.5kmBradford-on-Avon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
