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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, Flat 2, Outer Silk Mills is a period leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Outer Silk Mills is £266,603 and the estimated rental value is £993 per month.
The apartment is within Outer Silk Mills, Malmesbury, SN16.
Malmesbury, SN16 is located within the SN16 postal district.
Flat 2, Outer Silk Mills has 41 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 Flat 2, Outer Silk Mills is in very good condition we estimate a sale value of £279,933 and a rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,940 and a rental value of £924 per month.
Over the last 12 months the sale value of Flat 2 Outer Silk Mills has decreased by an estimated £8,796 (3.3%) and its rental value has increased by an estimated £41 per month (4.1%), giving an expected gross yield of 4.5%.
Flat 2, Outer Silk Mills has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Outer Silk Mills was last sold on 11th November 2024 for £270,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Outer Silk Mills within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Flat 3, Outer Silk Mills, Malmesbury, SN16 9LP, a leasehold flat which sold for £265,000 on the 9th December 2024.
Read more about house prices in SN16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malmesbury, SN16 has a total of 42 addresses. According to our analysis of all the public data, Flat 2, Outer Silk Mills is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in SN16.
The closest station to Flat 2, Outer Silk Mills is Kemble station which is 11.7 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 Flat 2, Outer Silk Mills, 39.6% of property is privately rented and 34.0% is privately owned outright.
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, Outer Silk Mills, 16.5% of residents are recorded as possessing school level qualifications and 55.2% 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, Outer Silk Mills, the average age was 42.4 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, Outer Silk Mills, 0.4% 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, Outer Silk Mills, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
