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According to the public record, 7 Weavers Cottages, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,180 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7 Weavers Cottages, Melksham is £346,185 and the estimated rental value is £1,342 per month.
Seend, Melksham, SN12 is located within the SN12 postal district.
7 Weavers Cottages, Melksham has 31 entries in the Land Registry , most recently in October 2017 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 4 out of 5 and is considered of high 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 Weavers Cottages, Melksham is in very good condition we estimate a sale value of £363,494 and a rental value of £1,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,952 and a rental value of £1,248 per month.
Over the last 12 months the sale value of 7 Weavers Cottages Melksham has decreased by an estimated £1,187 (0.3%) and its rental value has increased by an estimated £48 per month (3.5%), giving an expected gross yield of 4.7%.
According to HM Land Registry, 7 Weavers Cottages, Melksham was last sold on 27th October 2017 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has dropped 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Weavers Cottages, Melksham within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Bell Cottage, Trowbridge Road, Melksham, SN12 6PG, a freehold house which sold for £340,345 on the 27th November 2024.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seend, Melksham, SN12 has a total of 11 addresses. According to our analysis of all the public data, 7 Weavers Cottages, Melksham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in SN12.
The closest station to 7 Weavers Cottages, Melksham is Melksham station which is 5.4 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 7 Weavers Cottages, Melksham, 50.4% of property is privately owned outright and 36.1% 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 7 Weavers Cottages, Melksham, 12.2% of residents are recorded as possessing school level qualifications and 46.4% 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 7 Weavers Cottages, Melksham, the average age was 47.6 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 7 Weavers Cottages, Melksham, 1.1% 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 Weavers Cottages, Melksham, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.