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According to the public record, 7, New Broughton Road, Melksham is a modern leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, New Broughton Road, Melksham is £97,618 and the estimated rental value is £518 per month.
New Broughton Road, Melksham, SN12 is located within the SN12 postal district.
7, New Broughton Road, Melksham has 31 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated March 2018.
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 7, New Broughton Road, Melksham is in very good condition we estimate a sale value of £102,499 and a rental value of £544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,785 and a rental value of £482 per month.
Over the last 12 months the sale value of 7 New Broughton Road Melksham has increased by an estimated £1,635 (1.7%) and its rental value has increased by an estimated £28 per month (5.4%), giving an expected gross yield of 6.4%.
7, New Broughton Road, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7, New Broughton Road, Melksham was last sold on 25th May 2018 for £82,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has risen 26.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, New Broughton Road, Melksham within a radius of 780 metres over the last 2 years.
The most recent example is 9, New Broughton Road, Melksham, SN12 8BS, a leasehold flat which sold for £87,000 on the 24th July 2023.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Broughton Road, Melksham, SN12 has a total of 25 addresses. According to our analysis of all the public data, 7, New Broughton Road, Melksham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in SN12.
The closest station to 7, New Broughton Road, Melksham is Melksham station which is 400 metres 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 7, New Broughton Road, Melksham, % of property is and % is .
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 7, New Broughton Road, Melksham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 7, New Broughton Road, 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 7, New Broughton Road, Melksham, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.