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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
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3, Tedder Gardens, Melksham is recorded publicly as a modern freehold house across 1,367 ft2 of internal area, sitting on a 285 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Tedder Gardens, Melksham is £393,873 and its rental estimate is £1,538 per month, given the available information and assuming reasonable condition.
Tedder Gardens, Bowerhill, Melksham, SN12 falls within the SN12 postal district.
3, Tedder Gardens, Melksham has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 3, Tedder Gardens, Melksham, we estimate a market value of £413,567 and a rental value of £1,615 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £366,302 and £1,430 per month respectively.
Over the last year, 3, Tedder Gardens, Melksham has seen its estimated sale value drop by £1,351 (0.3%) and its estimated rental value rise by £54 per month (3.5%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 3, Tedder Gardens, Melksham as measuring 285 m2.
That makes it the largest plot in the postcode, where 49 of the 70 other houses have recorded plot data.
3, Tedder Gardens, Melksham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2021.
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 3, Tedder Gardens, Melksham completed on 28th January 2022 at £390,000 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 risen by 6.6% over the period since January 2022.
Over the past 2 years 3 properties similar to 3, Tedder Gardens, Melksham have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2022, was 22, Tedder Gardens, Melksham, SN12 6WA, a freehold house which sold for £395,000.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 70 addresses on Tedder Gardens, Bowerhill, Melksham, SN12, 3, Tedder Gardens, Melksham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the SN12 district.
From 3, Tedder Gardens, Melksham, the nearest station is Melksham, 2.4 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 3, Tedder Gardens, Melksham, 35.3% of property is privately owned outright and 32.0% is socially rented.
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, Tedder Gardens, Melksham, 14.5% of residents are recorded as possessing school level qualifications and 22.8% 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, Tedder Gardens, 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 3, Tedder Gardens, 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 3, Tedder Gardens, Melksham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
