According to the public record, 2, Pavely Close, Chippenham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 505 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Pavely Close, Chippenham, SN15 is located within the SN15 postal district.
2, Pavely Close, Chippenham has 41 entries in the Land Registry database, most recently in December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Pavely Close Chippenham as £193,372 and the rental value as £900 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Pavely Close Chippenham has increased by £8,240 (4.3%) and its rental value has increased by £67 per month (7.5%).
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, Pavely Close, Chippenham is in very good condition we estimate a sale value of £203,041 and rental value of £944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,836 and a rental value of £837 per month.
If you were able to purchase this property for the estimated value of £193,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £950 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, 2, Pavely Close, Chippenham was last sold on 21 Dec 2021 for £182,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2021, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pavely Close, Chippenham within a radius of 570 metres over the last 2 years.
The most recent example is 28, Pavely Close, Chippenham, SN15 2BZ, a Freehold house which sold for £156,000 in Oct 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pavely Close, Chippenham, SN15 has a total of 36 addresses. According to our analysis of all the public data, 2, Pavely Close, Chippenham is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in SN15.
The closest station to 2, Pavely Close, Chippenham is Chippenham station which is 1.1 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, Pavely Close, Chippenham, 35.5% of property is privately owned with a mortgage and 34.7% 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, Pavely Close, Chippenham, 7.9% of residents are recorded as possessing school level qualifications and 34.7% 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, Pavely Close, 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 2, Pavely Close, Chippenham, 0.9% 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, Pavely Close, Chippenham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.