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According to the public record, 3, Laburnum Drive, Melksham is a mid-century freehold house with 656 ft2 of internal area and sits on a 322 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Laburnum Drive, Melksham is £252,167 and the estimated rental value is £1,061 per month.
Laburnum Drive, Melksham, SN12 is located within the SN12 postal district.
3, Laburnum Drive, Melksham has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 3, Laburnum Drive, Melksham is in very good condition we estimate a sale value of £264,776 and a rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,516 and a rental value of £986 per month.
Over the last 12 months the sale value of 3 Laburnum Drive Melksham has increased by an estimated £446 (0.2%) and its rental value has increased by an estimated £43 per month (4.0%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 3, Laburnum Drive, Melksham sits on a plot of 322m2.
We have plot size data on 6 out of 6 other houses in the postcode and 3, Laburnum Drive, Melksham sits on the 6th largest plot.
3, Laburnum Drive, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2024.
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, 3, Laburnum Drive, Melksham was last sold on 4th September 2024 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Laburnum Drive, Melksham within a radius of 810 metres over the last 2 years.
The most recent example is 23, Hornbeam Crescent, Melksham, SN12 6JF, a freehold house which sold for £274,000 on the 23rd August 2024.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laburnum Drive, Melksham, SN12 has a total of 23 addresses. According to our analysis of all the public data, 3, Laburnum Drive, Melksham is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in SN12.
The closest station to 3, Laburnum Drive, Melksham is Melksham station which is 1.5 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 3, Laburnum Drive, Melksham, 72.4% of property is privately owned outright and 21.6% 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 3, Laburnum Drive, Melksham, 10.0% of residents are recorded as possessing school level qualifications and 22.5% 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 3, Laburnum Drive, Melksham, 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 3, Laburnum Drive, Melksham, 0.8% 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 3, Laburnum Drive, Melksham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.