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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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377, Longleaze Lane, Melksham is recorded publicly as an early-century freehold house across 785 ft2 of internal area, sitting on a 667 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 377, Longleaze Lane, Melksham is £268,819 and its rental estimate is £1,155 per month, given the available information and assuming reasonable condition.
Longleaze Lane, Melksham, SN12 falls within the SN12 postal district.
377, Longleaze Lane, Melksham has 2 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 377, Longleaze Lane, Melksham, we estimate a market value of £282,260 and a rental value of £1,212 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,001 and £1,074 per month respectively.
Over the last year, 377, Longleaze Lane, Melksham has seen its estimated sale value move up by £31 (0.0%) and its estimated rental value increase by £44 per month (3.8%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 377, Longleaze Lane, Melksham as measuring 667 m2.
That makes it the 5th largest plot in the postcode, where 12 of the 13 other houses have recorded plot data.
377, Longleaze Lane, Melksham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 377, Longleaze Lane, Melksham completed on 28th July 2023 at £330,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.1% over the period since July 2023.
Over the past 2 years 3 properties similar to 377, Longleaze Lane, Melksham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 14, Lavender Close, Melksham, SN12 6FW, a freehold house which sold for £235,000.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Longleaze Lane, Melksham, SN12, 377, Longleaze Lane, Melksham comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £48k less expensive than the average property across the SN12 district.
From 377, Longleaze Lane, Melksham, the nearest station is Melksham, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 377, Longleaze Lane, Melksham, 38.9% of property is privately owned outright and 38.9% 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 377, Longleaze Lane, Melksham, 17.1% of residents are recorded as possessing school level qualifications and 28.3% 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 377, Longleaze Lane, 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 377, Longleaze Lane, 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 377, Longleaze Lane, 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.
