Flat 6, Outer Silk Mills
Flat 6, Outer Silk Mills
Description & Estimates
Public records show Flat 6, Outer Silk Mills, Malmesbury to be a period leasehold apartment with 1,194 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 6, Outer Silk Mills, Malmesbury has an estimated sale value of £316,226 and an estimated rental value of £1,079 per month, assuming reasonable condition and based on the information available.
The apartment sits within Outer Silk Mills, Oaksey, Malmesbury, SN16.
Oaksey, Malmesbury, SN16 lies within the SN16 postal district.
Our Data Sources
Flat 6, Outer Silk Mills, Malmesbury has 31 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated April 2016.
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.
Price Range & Condition
In very good condition, we estimate Flat 6, Outer Silk Mills, Malmesbury would be worth £332,037, with a potential rental value of £1,133 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £294,090, with a rental value of £1,004 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 6, Outer Silk Mills, Malmesbury has decreased by £8,851 (2.8%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (2.4%). The property's estimated gross yield is currently 4.1%.
Energy Efficiency
Flat 6, Outer Silk Mills, Malmesbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2016.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 6, Outer Silk Mills, Malmesbury last changed hands on 1st July 2016, selling for £235,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 25.8% since July 2016.
- Sold Jul 2016£235,000
- Sold Apr 2000£125,000
- Sold Oct 1996£74,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of Flat 6, Outer Silk Mills, Malmesbury across the last 2 years.
Most recently, Flat 4, Outer Silk Mills, Malmesbury, SN16 9LP, a leasehold flat, sold at £275,000 on the 1st March 2022.
Read more about house prices in SN16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 6, Outer Silk Mills, Malmesbury as the 68th largest and the 84th most expensive of the 166 addresses on Oaksey, Malmesbury, SN16.
Against the SN16 postcode district average, it is £158k less expensive than the typical property.
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Schools Nearby
- 400mSt Joseph's Catholic Primary School, Malmesbury
- 1.2kmMalmesbury Church of England Primary School
- 2.4kmLea and Garsdon Church of England Primary School
- 400mThe High School Leckhampton
- 1.2kmMalmesbury School
- 8.6kmSir William Romney's School
More reading links
Public Transport Nearby
Kemble station is the nearest stop to Flat 6, Outer Silk Mills, Malmesbury at 11.7 kilometres away.
- 11.7kmKemble
- 13.3kmChippenham
- 20.1kmStroud (Gloucs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
