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House Prices in SN12 House Prices in SN12 (Melksham)

The average house price in SN12 (Melksham) is £294,411 using HM Land Registry data.

The average property price increased by £57,814 (16.1%) over the last 5 years and increased by £11,581 (2.6%) over the last 12 months.

Over the last year, there were 339 residential property sales – a decrease of 106 transactions (-31.27%) relative to the previous year. The majority of house sales (98) were in the £220,000 - £280,000 range. Then came properties in the £280,000 - £340,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 166 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,452 (-2%).

In January 2025, there were 71 new estate agency instructions, 62 agreed home sales and 33 property price reductions.

Nearby Postcodes: BA1, BA11, BA12, BA13, BA14, BA15, BA2, SN10, SN11, SN13, SN14, SN15, SN16, SN4, SN5, SN8, SN9, SP3

5-Year Average Property Prices in SN12 (Melksham)

16.1%

Property prices in SN12 (Melksham) increased by 16.1% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SN12 (Melksham) Over the Last Year

2.6%

Property prices in SN12 (Melksham) increased by 2.6% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SN12 (Melksham) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SN12 (Melksham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SN12 (Melksham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SN12 (Melksham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SN12 (Melksham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SN12 postcode area since 1995.

Recent Sales in SN12 (Melksham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
42 Kittyhawk Close, Bowerhill, Melksham, Wiltshire, SN12 6QF£315,000£300,000-£15,00008 Jul 202406 Dec 2024151 Days
21 Church Lane, Melksham, Wiltshire, SN12 7EE£340,000£335,000-£5,00016 Apr 202405 Dec 2024233 Days
Flat 14, Kenilworth Court, Kenilworth Gardens, Melksham, Wiltshire, SN12 6AE£135,000£135,000£023 Jul 202429 Nov 2024129 Days
6 Lavender Close, Melksham, Wiltshire, SN12 6FW£257,500£250,000-£7,50028 Jun 202422 Nov 2024147 Days
9 Hawkinge Close, Bowerhill, Melksham, Wiltshire, SN12 6QS£270,000£262,000-£8,00010 Aug 202420 Nov 2024102 Days
9 Church Walk, Melksham, Wiltshire, SN12 6LY£450,000£440,000-£10,00015 May 202419 Nov 2024188 Days
46 Hornchurch Road, Bowerhill, Melksham, Wiltshire, SN12 6QE£370,000£360,000-£10,00026 Apr 202419 Nov 2024207 Days
5 Hornbeam Crescent, Melksham, Wiltshire, SN12 6JE£300,000£300,000£009 May 202418 Nov 2024193 Days
33 Scotland Road, Melksham, Wiltshire, SN12 8AJ£260,000£257,500-£2,50020 Aug 202418 Nov 202490 Days
24 Rope Walk, Melksham, Wiltshire, SN12 7PW£225,000£221,000-£4,00021 Jun 202418 Nov 2024150 Days
65 Somerset Crescent, Melksham, Wiltshire, SN12 7LX£220,000£220,000£020 Aug 202414 Nov 202486 Days
19 Hornchurch Road, Bowerhill, Melksham, Wiltshire, SN12 6AH£360,000£355,000-£5,00004 Oct 202314 Nov 2024407 Days
65 Primrose Drive, Melksham, Wiltshire, SN12 6GD£190,000£190,000£019 Apr 202414 Nov 2024209 Days
40 Shurnhold, Melksham, Wiltshire, SN12 8DG£450,000£445,000-£5,00001 May 202414 Nov 2024197 Days
34 Marigold Close, Melksham, Wiltshire, SN12 6FT£320,000£308,000-£12,00022 Mar 202408 Nov 2024231 Days
60 Spa Road, Melksham, Wiltshire, SN12 7NY£375,000£365,000-£10,00029 Jul 202408 Nov 2024102 Days
54 Longford Road, Melksham, Wiltshire, SN12 6AU£325,000£325,000£028 Jun 202405 Nov 2024130 Days
44 Mint Grove, Melksham, Wiltshire, SN12 6YN£460,000£445,000-£15,00024 Apr 202404 Nov 2024194 Days
28 Sarum Avenue, Melksham, Wiltshire, SN12 6BN£360,000£358,000-£2,00025 Apr 202401 Nov 2024190 Days
9 New Lawns, Melksham, Wiltshire, SN12 7UB£425,000£420,000-£5,00013 Aug 202430 Oct 202478 Days

Most Expensive Streets in SN12 (Melksham)

PostcodeStreetAreaAverageNo. of Sales
SN12 8QRMiddle Lane, WhitleyMelksham£777,5004
SN12 8QNMiddle Lane, WhitleyMelksham£698,3333
SN12 8JRBath Road, AtworthMelksham£697,6254
SN12 7PTBeanacreMelksham£691,8758
SN12 6NRHigh Street, SeendMelksham£686,6663
SN12 8EXShaw Hill, ShawMelksham£665,0003
SN12 7QSSandridge CommonMelksham£623,1663
SN12 8PRThe Street, Broughton GiffordMelksham£616,7857
SN12 7QEWestlands Lane, BeanacreMelksham£596,6663
SN12 6PSSeend CleeveMelksham£585,0003

Least Expensive Streets in SN12 (Melksham)

PostcodeStreetAreaAverageNo. of Sales
SN12 8BSNew Broughton RoadMelksham£101,1663
SN12 7DYGiffords Court, LowbourneMelksham£107,91014
SN12 6LGBank StreetMelksham£121,1254
SN12 6ESCrown House, Market PlaceMelksham£121,36717
SN12 7NWThornleighMelksham£125,11810
SN12 7NSSpa RoadMelksham£127,08537
SN12 7HYBlackmore CourtMelksham£129,8333
SN12 8FETurners CourtMelksham£149,1666
SN12 7GSVerbena CourtMelksham£154,9378
SN12 7RTCotswold CloseMelksham£163,9504

Explore SN12 (Melksham) using map

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