According to the public record, 26, Lodge Road, Chippenham is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lodge Road, Chippenham, SN15 is located within the SN15 postal district.
26, Lodge Road, Chippenham has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated July 2024.
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 26 Lodge Road Chippenham as £156,129 and the rental value as £815 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 26 Lodge Road Chippenham has increased by £4,230 (2.7%) and its rental value has increased by £46 per month (5.7%).
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 26, Lodge Road, Chippenham is in very good condition we estimate a sale value of £163,936 and rental value of £856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,200 and a rental value of £758 per month.
If you were able to purchase this property for the estimated value of £156,129, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £767 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, 26, Lodge Road, Chippenham was last sold on 31 Jan 2023 for £159,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Lodge Road, Chippenham within a radius of 530 metres over the last 2 years.
The most recent example is 24, Lodge Road, Chippenham, SN15 3SY, a Leasehold flat which sold for £155,000 in Jul 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Road, Chippenham, SN15 has a total of 7 addresses. According to our analysis of all the public data, 26, Lodge Road, Chippenham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in SN15.
26, Lodge Road, Chippenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2024.
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 26, Lodge Road, Chippenham is Chippenham station which is 1.9 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 26, Lodge Road, Chippenham, 43.3% of property is privately owned with a mortgage and 35.8% 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 26, Lodge Road, Chippenham, 14.8% of residents are recorded as possessing school level qualifications and 33.1% 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 26, Lodge Road, 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 26, Lodge Road, Chippenham, 2.5% 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 26, Lodge Road, Chippenham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.