According to the public record, 3 Derriads House, Chippenham is a period leasehold apartment with 1,235 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Derriads House, Derriads Lane, Chippenham, SN14.
Derriads Lane, Chippenham, SN14 is located within the SN14 postal district.
3 Derriads House, Chippenham has a single entry in the Land Registry database from December 2007 and a single entry in the EPC database dated March 2011.
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 3 Derriads House Chippenham as £337,626 and the rental value as £1,121 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 3 Derriads House Chippenham has increased by £10,991 (3.3%) and its rental value has increased by £74 per month (6.6%).
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 3 Derriads House, Chippenham is in very good condition we estimate a sale value of £354,507 and rental value of £1,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,992 and a rental value of £1,043 per month.
If you were able to purchase this property for the estimated value of £337,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,659 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, 3 Derriads House, Chippenham was last sold on 07 Dec 2007 for £335,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 47.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 660 metres radius of 3 Derriads House, Chippenham over the last 2 years.
The most recent example is 1 Derriads House, Derriads Lane, Chippenham, SN14 0RJ, a Leasehold flat which sold for £400,000 in Mar 2023.
Read more about house prices in SN14.
Derriads Lane, Chippenham, SN14 has a total of 94 addresses. According to our analysis of all the public data, 3 Derriads House, Chippenham is the 36th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SN14.
3 Derriads House, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Derriads House, Chippenham is Chippenham station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Derriads House, Chippenham, 52.2% of property is privately owned outright and 41.8% 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 3 Derriads House, Chippenham, 16.1% of residents are recorded as possessing school level qualifications and 42.5% 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 3 Derriads House, Chippenham, the average age was 41.4 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 3 Derriads House, Chippenham, 0.6% 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 3 Derriads House, 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.