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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
According to the public record, Flat 2, 54, Union Street, Melksham is a period leasehold apartment with 365 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 Flat 2, 54, Union Street, Melksham is £115,570 and the estimated rental value is £588 per month.
The apartment is within 54, Union Street, Melksham, SN12.
Union Street, Melksham, SN12 is located within the SN12 postal district.
Flat 2, 54, Union Street, Melksham has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated June 2020.
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.
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 Flat 2, 54, Union Street, Melksham is in very good condition we estimate a sale value of £121,348 and a rental value of £617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,480 and a rental value of £547 per month.
Over the last 12 months the sale value of Flat 2 54 Union Street Melksham has increased by an estimated £1,936 (1.7%) and its rental value has increased by an estimated £32 per month (5.4%), giving an expected gross yield of 6.1%.
Flat 2, 54, Union Street, Melksham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 54, Union Street, Melksham was last sold on 17th May 2021 for £81,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 54, Union Street, Melksham within a radius of 680 metres over the last 2 years.
The most recent example is 3, Bolwell Place, Melksham, SN12 7FB, a leasehold flat which sold for £115,000 on the 16th December 2022.
Read more about house prices in SN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Street, Melksham, SN12 has a total of 64 addresses. According to our analysis of all the public data, Flat 2, 54, Union Street, Melksham is the 61st largest and the 61st most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in SN12.
The closest station to Flat 2, 54, Union Street, Melksham is Melksham station which is 800 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 54, Union Street, Melksham, 29.6% of property is privately owned outright and 25.7% 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 Flat 2, 54, Union Street, Melksham, 8.8% of residents are recorded as possessing school level qualifications and 19.3% 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 Flat 2, 54, Union 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 Flat 2, 54, Union 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 Flat 2, 54, Union Street, Melksham, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
