According to the public record, 10, Morse Close, Chippenham is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Morse Close, Chippenham, SN15 is located within the SN15 postal district.
10, Morse Close, Chippenham has 31 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated July 2019.
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 10 Morse Close Chippenham as £139,150 and the rental value as £823 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 10 Morse Close Chippenham has increased by £3,799 (2.7%) and its rental value has increased by £47 per month (5.7%).
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 10, Morse Close, Chippenham is in very good condition we estimate a sale value of £146,107 and rental value of £864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,409 and a rental value of £765 per month.
If you were able to purchase this property for the estimated value of £139,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £684 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, 10, Morse Close, Chippenham was last sold on 12 Jun 2007 for £115,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has risen 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Morse Close, Chippenham within a radius of 790 metres over the last 2 years.
The most recent example is 25, Christopher Drive, Chippenham, SN15 3UT, a Leasehold flat which sold for £132,500 in Jun 2024.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morse Close, Chippenham, SN15 has a total of 23 addresses. According to our analysis of all the public data, 10, Morse Close, Chippenham is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in SN15.
10, Morse Close, Chippenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 10, Morse 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 10, Morse Close, Chippenham, 45.0% of property is privately owned outright and 33.0% 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 10, Morse Close, Chippenham, 17.8% of residents are recorded as possessing school level qualifications and 46.2% 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 10, Morse 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 10, Morse Close, Chippenham, 0.4% 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 10, Morse Close, Chippenham, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.