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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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According to the public record, 59, King Street, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,783 ft2 of internal area and sits on a 501 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, King Street, Melksham is £542,676 and the estimated rental value is £1,524 per month.
King Street, Melksham, SN12 is located within the SN12 postal district.
59, King Street, Melksham has a single entry in the Land Registry from September 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 59, King Street, Melksham is in very good condition we estimate a sale value of £569,810 and a rental value of £1,601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £504,689 and a rental value of £1,418 per month.
Over the last 12 months the sale value of 59 King Street Melksham has decreased by an estimated £5,783 (1.1%) and its rental value has increased by an estimated £39 per month (2.5%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 59, King Street, Melksham sits on a plot of 501m2.
We have plot size data on 13 out of 16 other houses in the postcode and 59, King Street, Melksham sits on the 2nd largest plot.
According to HM Land Registry, 59, King Street, Melksham was last sold on 5th September 2022 for £472,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, King Street, Melksham within a radius of 530 metres over the last 2 years.
The most recent example is 34B, Lowbourne, Melksham, SN12 7DZ, a freehold house which sold for £593,000 on the 4th March 2022.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Street, Melksham, SN12 has a total of 51 addresses. According to our analysis of all the public data, 59, King Street, Melksham is the 7th largest and the most expensive property on the street.
When compared to the postcode district it is £226k more expensive than the average property in SN12.
The closest station to 59, King Street, Melksham is Melksham station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 59, King Street, Melksham, 43.0% of property is privately owned outright and 27.5% is privately 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 59, King Street, Melksham, 14.4% of residents are recorded as possessing school level qualifications and 28.4% 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 59, King Street, 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 59, King Street, Melksham, 0.3% 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 59, King Street, Melksham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
