According to the public record, 17, Brake Mead, Chippenham is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Brake Mead, Chippenham, SN15 is located within the SN15 postal district.
17, Brake Mead, Chippenham has no records in the Land Registry database and a single entry in the EPC database dated June 2021.
We combine this information with public data 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 17 Brake Mead Chippenham as £189,317 and the rental value as £865 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 17 Brake Mead Chippenham has increased by £5,935 (3.1%) and its rental value has increased by £52 per month (6.0%).
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 17, Brake Mead, Chippenham is in very good condition we estimate a sale value of £198,783 and rental value of £908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,065 and a rental value of £805 per month.
If you were able to purchase this property for the estimated value of £189,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £930 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Brake Mead, Chippenham within a radius of 660 metres over the last 2 years.
The most recent example is 24, Great Mead, Chippenham, SN15 3QJ, a Leasehold flat which sold for £142,500 in Mar 2022.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brake Mead, Chippenham, SN15 has a total of 27 addresses. According to our analysis of all the public data, 17, Brake Mead, Chippenham is the 18th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in SN15.
17, Brake Mead, Chippenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2021.
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 17, Brake Mead, Chippenham is Chippenham station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Brake Mead, Chippenham, 63.4% of property is privately owned outright and 14.6% 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 17, Brake Mead, Chippenham, 9.4% of residents are recorded as possessing school level qualifications and 20.4% 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 17, Brake Mead, Chippenham, the average age was 43.5 and the most common age was 27.
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 17, Brake Mead, Chippenham, 0.7% 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 17, Brake Mead, Chippenham, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.