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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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1D, Farleigh Avenue, Melksham is recorded publicly as a mid-century leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1D, Farleigh Avenue, Melksham is £168,237 and its rental estimate is £796 per month, given the available information and assuming reasonable condition.
1, Farleigh Avenue is a residential building on Farleigh Avenue, Melksham, SN12 and falls within the SN12 postal district.
1D, Farleigh Avenue, Melksham has 41 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 1D, Farleigh Avenue, Melksham, we estimate a market value of £176,649 and a rental value of £836 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,461 and £741 per month respectively.
Over the last year, 1D, Farleigh Avenue, Melksham has seen its estimated sale value rise by £833 (0.5%) and its estimated rental value move up by £34 per month (4.2%). This results in an estimated gross rental yield of 5.7%.
1D, Farleigh Avenue, Melksham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1D, Farleigh Avenue, Melksham completed on 11th September 2015 at £114,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 47.2% over the period since September 2015.
Over the past 2 years 2 properties similar to 1D, Farleigh Avenue, Melksham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was 1A, Farleigh Avenue, Melksham, SN12 6BW, a leasehold flat which sold for £175,000.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Farleigh Avenue, Melksham, SN12, 1D, Farleigh Avenue, Melksham comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £149k less expensive than the average property across the SN12 district.
From 1D, Farleigh Avenue, Melksham, the nearest station is Melksham, 1.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 1D, Farleigh Avenue, Melksham, 52.9% of property is privately owned outright and 36.6% 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 1D, Farleigh Avenue, Melksham, 14.2% of residents are recorded as possessing school level qualifications and 26.3% 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 1D, Farleigh Avenue, 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 1D, Farleigh Avenue, 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 1D, Farleigh Avenue, 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.
