According to the public record, 11, Morse Close, Chippenham is a modern leasehold apartment with 753 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.
11, Morse Close, Chippenham has 61 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated July 2024.
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 11 Morse Close Chippenham as £172,178 and the rental value as £831 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 11 Morse Close Chippenham has increased by £4,701 (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 11, Morse Close, Chippenham is in very good condition we estimate a sale value of £180,787 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,125 and a rental value of £773 per month.
If you were able to purchase this property for the estimated value of £172,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £846 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, 11, Morse Close, Chippenham was last sold on 21 Aug 2020 for £138,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Aug 2020, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Morse Close, Chippenham within a radius of 800 metres over the last 2 years.
The most recent example is 24, Lodge Road, Chippenham, SN15 3SY, a Leasehold flat which sold for £155,000 in Jul 2023.
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, 11, Morse Close, Chippenham is the 3rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in SN15.
11, Morse Close, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 11, 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 11, 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 11, 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 11, 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 11, 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 11, 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.