According to the public record, 1, Bishop Close, Chippenham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,438 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Bishop Close, Chippenham, SN15 is located within the SN15 postal district.
1, Bishop Close, Chippenham has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Bishop Close Chippenham as £426,626 and the rental value as £1,553 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 1 Bishop Close Chippenham has increased by £7,710 (1.8%) and its rental value has increased by £74 per month (4.8%).
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 1, Bishop Close, Chippenham is in very good condition we estimate a sale value of £447,957 and rental value of £1,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,762 and a rental value of £1,445 per month.
If you were able to purchase this property for the estimated value of £426,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,097 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Bishop Close, Chippenham was last sold on 27 Jul 2007 for £279,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Bishop Close, Chippenham within a radius of 660 metres over the last 2 years.
The most recent example is 4, Bishop Close, Chippenham, SN15 3FJ, a Freehold house which sold for £425,000 in May 2024.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishop Close, Chippenham, SN15 has a total of 27 addresses. According to our analysis of all the public data, 1, Bishop Close, Chippenham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in SN15.
The closest station to 1, Bishop Close, Chippenham is Chippenham station which is 1.9 kilometres away.
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 1, Bishop Close, Chippenham, 54.7% of property is privately owned outright and 41.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Bishop Close, Chippenham, 18.5% of residents are recorded as possessing school level qualifications and 41.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Bishop Close, Chippenham, the average age was 40.9 and the most common age was 52.
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 1, Bishop Close, Chippenham, 4.2% 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 1, Bishop Close, Chippenham, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.