According to the public record, 2, Elms Road, Chippenham is a modern freehold house with 1,367 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elms Road, Chippenham, SN15 is located within the SN15 postal district.
2, Elms Road, Chippenham has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated May 2021.
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 good condition, we estimate the current sale value for 2 Elms Road Chippenham as £484,153 and the rental value as £1,647 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2 Elms Road Chippenham has increased by £10,848 (2.2%) and its rental value has increased by £86 per month (5.2%).
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 2, Elms Road, Chippenham is in very good condition we estimate a sale value of £508,360 and rental value of £1,730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,262 and a rental value of £1,532 per month.
If you were able to purchase this property for the estimated value of £484,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,379 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, 2, Elms Road, Chippenham sits on a plot of 234m2.
We have plot size data on 4 out of 10 other houses in the postcode and 2, Elms Road, Chippenham sits on the largest plot.
According to HM Land Registry, 2, Elms Road, Chippenham was last sold on 28 May 2021 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Elms Road, Chippenham within a radius of 730 metres over the last 2 years.
The most recent example is 136, Gainey Gardens, Chippenham, SN15 1UH, a Freehold house which sold for £495,000 in Jun 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elms Road, Chippenham, SN15 has a total of 19 addresses. According to our analysis of all the public data, 2, Elms Road, Chippenham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in SN15.
2, Elms Road, Chippenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Elms Road, Chippenham is Chippenham station which is 1.2 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 2, Elms Road, Chippenham, 59.0% of property is socially rented and 19.7% is privately owned outright.
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 2, Elms Road, Chippenham, 18.0% of residents are recorded as possessing school level qualifications and 17.5% 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 2, Elms Road, Chippenham, the average age was 40.6 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 2, Elms Road, 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 2, Elms Road, 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.