According to the public record, 1, The Banks, Chippenham is a modern freehold house with 2,281 ft2 of internal area and sits on a 2,229 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Banks, Lyneham, Chippenham, SN15 is located within the SN15 postal district.
1, The Banks, Chippenham has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Banks Chippenham as £614,160 and the rental value as £1,949 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 1 The Banks Chippenham has decreased by £1,076 (0.2%) and its rental value has increased by £39 per month (2.0%).
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, The Banks, Chippenham is in very good condition we estimate a sale value of £644,868 and rental value of £2,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £571,169 and a rental value of £1,813 per month.
If you were able to purchase this property for the estimated value of £614,160, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,018 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 data from HM Land Registry, 1, The Banks, Chippenham sits on a plot of 2229m2.
We have plot size data on 5 out of 8 other houses in the postcode and 1, The Banks, Chippenham sits on the largest plot.
According to HM Land Registry, 1, The Banks, Chippenham was last sold on 28 Nov 2014 for £437,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Banks, Chippenham within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 53A, Chippenham, SN15 4ES, a Freehold house which sold for £597,500 in Apr 2018.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Banks, Lyneham, Chippenham, SN15 has a total of 21 addresses. According to our analysis of all the public data, 1, The Banks, Chippenham is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £245k more expensive than the average property in SN15.
1, The Banks, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1, The Banks, Chippenham is Chippenham station which is 10.7 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, The Banks, Chippenham, 95.3% of property is privately owned outright and 1.9% 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, The Banks, Chippenham, 0.0% of residents are recorded as possessing school level qualifications and 19.1% 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, The Banks, Chippenham, the average age was 40.1 and the most common age was 17.
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, The Banks, Chippenham, 0.6% 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, The Banks, Chippenham, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.