According to the public record, 2, Milford Way, Chippenham is a modern freehold house with 1,237 ft2 of internal area and sits on a 488 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Milford Way, Chippenham, SN15 is located within the SN15 postal district.
2, Milford Way, Chippenham has 21 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated September 2022.
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 2 Milford Way Chippenham as £431,297 and the rental value as £1,523 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 2 Milford Way Chippenham has increased by £7,794 (1.8%) and its rental value has increased by £72 per month (4.8%).
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, Milford Way, Chippenham is in very good condition we estimate a sale value of £452,862 and rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,106 and a rental value of £1,416 per month.
If you were able to purchase this property for the estimated value of £431,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,120 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, Milford Way, Chippenham sits on a plot of 488m2.
We have plot size data on 6 out of 12 other houses in the postcode and 2, Milford Way, Chippenham sits on the largest plot.
According to HM Land Registry, 2, Milford Way, Chippenham was last sold on 03 Apr 2023 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Milford Way, Chippenham within a radius of 740 metres over the last 2 years.
The most recent example is 4, Bishop Close, Chippenham, SN15 3FJ, a Freehold house which sold for £425,000 in May 2024.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milford Way, Chippenham, SN15 has a total of 12 addresses. According to our analysis of all the public data, 2, Milford Way, Chippenham is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in SN15.
2, Milford Way, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Milford Way, Chippenham is Chippenham station which is 2.0 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, Milford Way, Chippenham, 54.7% of property is privately owned outright and 41.0% 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 2, Milford Way, Chippenham, 18.5% of residents are recorded as possessing school level qualifications and 41.2% 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 2, Milford Way, 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 2, Milford Way, Chippenham, 4.2% 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, Milford Way, Chippenham, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.