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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, 406D, The Spa, Melksham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,681 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 406D, The Spa, Melksham is £593,824 and the estimated rental value is £1,603 per month.
The Spa, Melksham, SN12 is located within the SN12 postal district.
406D, The Spa, Melksham has a single entry in the Land Registry from May 2015 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 406D, The Spa, Melksham is in very good condition we estimate a sale value of £623,515 and a rental value of £1,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,256 and a rental value of £1,491 per month.
Over the last 12 months the sale value of 406D The Spa Melksham has increased by an estimated £645 (0.1%) and its rental value has increased by an estimated £60 per month (3.7%), giving an expected gross yield of 3.2%.
According to HM Land Registry, 406D, The Spa, Melksham was last sold on 15th May 2015 for £427,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 50.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 406D, The Spa, Melksham within a radius of 740 metres over the last 2 years.
The most recent example is 397, The Spa, Melksham, SN12 6QL, a freehold house which sold for £575,000 on the 2nd December 2022.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spa, Melksham, SN12 has a total of 32 addresses. According to our analysis of all the public data, 406D, The Spa, Melksham is the 15th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in SN12.
The closest station to 406D, The Spa, Melksham is Melksham station which is 2.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 406D, The Spa, 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 406D, The Spa, 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 406D, The Spa, 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 406D, The Spa, 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.
