According to the public record, 226, Padstow Road, Swindon is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Padstow Road, Swindon, SN2 is located within the SN2 postal district.
226, Padstow Road, Swindon has 31 entries in the Land Registry database, most recently in May 2014 and a single entry in the EPC database dated June 2019.
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 226 Padstow Road Swindon as £141,000 and the rental value as £832 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 226 Padstow Road Swindon has decreased by £789 (0.6%) and its rental value has increased by £17 per month (2.1%).
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 226, Padstow Road, Swindon is in very good condition we estimate a sale value of £148,050 and rental value of £874 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,130 and a rental value of £774 per month.
If you were able to purchase this property for the estimated value of £141,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £693 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, 226, Padstow Road, Swindon was last sold on 30 May 2014 for £106,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2014, the market for similar properties has risen 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 226, Padstow Road, Swindon within a radius of 570 metres over the last 2 years.
The most recent example is 202, Padstow Road, Swindon, SN2 2EQ, a Leasehold flat which sold for £148,000 in Apr 2022.
Read more about house prices in SN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Padstow Road, Swindon, SN2 has a total of 156 addresses. According to our analysis of all the public data, 226, Padstow Road, Swindon is the 118th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in SN2.
226, Padstow Road, Swindon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2019.
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 226, Padstow Road, Swindon is Swindon (Wilts) station which is 1.5 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 226, Padstow Road, Swindon, 56.6% of property is privately rented and 38.1% 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 226, Padstow Road, Swindon, 19.4% of residents are recorded as possessing school level qualifications and 36.3% 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 226, Padstow Road, Swindon, the average age was 37.5 and the most common age was 32.
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 226, Padstow Road, Swindon, 0.0% 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 226, Padstow Road, Swindon, 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.