# 5 MERLIN WAY, SWINDON, SN3 5AN

## Property details

- Slug: `862bcea` (address key hash: `862bcea7026caa135bd6d6e87e28befc7eb73036`)
- Postcode: SN3 5AN
- Transactions on record: 4

- Tenure: Freehold
- Property type: Detached
- Bedrooms: 4
- Bathrooms: 3
- Floor area: 179 m²
- EPC rating: C
- Year built: England and Wales: 1967-1975
- Last sold: £510,000 Mar 2026
- Price per m²: £2,849/m²
- Local average: £458,513 (37 sales)
- Street crime: 86 incidents within 1 mile (Jun 2026)

## Latest sale

- Price: £510,000
- Date: 2026-03-13
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 04/07/2028
- **Current heating cost:** £1,075/year
- **Est. upgrade cost to C:** £12,500

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0258-0033-7273-4438-3960)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-13 | £510,000 | Detached | +3% | £516,697 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-95d4-b8d0-e063-4704a8c08d98) |
| Sold | 2022-06-24 | £495,000 | Detached | +15.1% | £518,252 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/e53edd2e-7d1d-83ec-e053-6b04a8c03a59) |
| Sold | 2019-05-09 | £430,000 | Detached | +43.3% | £524,046 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/8cac1318-e30b-0253-e053-6b04a8c08e51) |
| Sold | 2016-07-15 | £300,000 | Detached | — | £396,966 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/3914047a-6608-3206-e050-a8c063057647) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 MERLIN WAY, SWINDON, SN3 5AN | £510,000 | 13/03/2026 | Detached |
| 5 MERLIN WAY, SWINDON, SN3 5AN | £495,000 | 24/06/2022 | Detached |
| 5 MERLIN WAY, SWINDON, SN3 5AN | £430,000 | 09/05/2019 | Detached |
| 5 MERLIN WAY, SWINDON, SN3 5AN | £300,000 | 15/07/2016 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [168876104](http://87.117.209.195:8080/listings/31bad42)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £510,000 |
| listed | 2025-11-01 | £550,000 |
| sold | 2022-01-01 | £495,000 |
| sold | 2019-01-01 | £430,000 |
| sold | 2016-01-01 | £300,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 MERLIN WAY, SWINDON, SN3 5AN | £340,000 | 15/12/2023 | Detached |
| 1 BLACKMORE CLOSE, COVINGHAM, SWINDON, SN3 5DF | £300,000 | 02/11/2023 | Detached |
| 11 TOTTERDOWN CLOSE, SWINDON, SN3 5DJ | £296,000 | 30/06/2023 | Detached |
| 22 DOVETREES, COVINGHAM, SWINDON, SN3 5AX | £517,000 | 28/04/2023 | Detached |
| 45 MERLIN WAY, SWINDON, SN3 5AN | £385,000 | 06/04/2023 | Detached |
| 27 MERLIN WAY, SWINDON, SN3 5AN | £395,000 | 26/01/2023 | Detached |
| 19 BASKERVILLE ROAD, SWINDON, SN3 5DB | £330,000 | 28/10/2022 | Detached |
| 2 CORNMARSH WAY, SWINDON, SN3 5DH | £325,000 | 03/10/2022 | Detached |
| 3 TOTTERDOWN CLOSE, SWINDON, SN3 5DJ | £303,000 | 31/08/2022 | Detached |
| 11 BASKERVILLE ROAD, SWINDON, SN3 5DB | £315,000 | 18/08/2022 | Detached |
| 25 DOVETREES, COVINGHAM, SWINDON, SN3 5AX | £465,000 | 08/08/2022 | Detached |
| 5 BASKERVILLE ROAD, SWINDON, SN3 5DB | £300,000 | 27/06/2022 | Detached |
| 39 MERLIN WAY, SWINDON, SN3 5AN | £395,000 | 18/02/2022 | Detached |
| 15 MERLIN WAY, SWINDON, SN3 5AN | £445,000 | 30/09/2021 | Detached |

**Area average:** £365,071 (14 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 11.2%
- **10y growth:** 26.1%

## House Price Index (HM Land Registry)

*Official index for Swindon; Detached series; as of May 2026.*

- **1y growth (index):** 1.9%
- **5y growth (index):** 18.7%
- **10y growth (index):** 34.3%

## Rental Range

*ONS Price Index of Private Rents (Swindon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £981/mo
- **Realistic:** £1,090/mo
- **Optimistic:** £1,199/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cheltenham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Oakley Park, SN3 | £1,150/mo | 2 | 0.66 miles | OpenRent |
| 2 Bed Flat, Lampeter House, SN3 | £975/mo | 2 | 0.84 miles | OpenRent |

**Average rent: £1,063/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.21% (weak for cashflow)
- **Max investor price (0.8%):** £132,875
- **Target investor price (1%):** £106,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,063/mo).*

- **Gross yield:** 2.5%
- **Cost-to-rent:** 40×
- **Monthly cashflow:** £-1,077/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -8.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 35 |
| Anti-social behaviour | 14 |
| Public order | 10 |
| Other theft | 7 |
| Criminal damage and arson | 5 |
| Shoplifting | 5 |
| Other crime | 4 |
| Burglary | 3 |
| Bicycle theft | 1 |
| Drugs | 1 |
| Theft from the person | 1 |
| **Total incidents** | **86** |

*Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Covingham Park Primary School | Primary | 0.3 miles | Good — 9 Mar 2016 |
| The Dorcan Academy | Secondary | 0.6 miles | Good — 8 Sep 2022 |
| Colebrook Junior School | Primary | 0.6 miles | Good — 18 Jan 2016 |
| Colebrook Infant Academy | Primary | 0.6 miles | Good — 5 Feb 2014 |
| Nythe Primary School | Primary | 0.6 miles | Good — 9 Nov 2016 |