According to the public record, 32, Ridings Mead, Chippenham is a mid-century freehold house with 1,237 ft2 of internal area and sits on a 652 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridings Mead, Chippenham, SN15 is located within the SN15 postal district.
32, Ridings Mead, Chippenham has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated May 2021.
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 32 Ridings Mead Chippenham as £404,664 and the rental value as £1,536 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 32 Ridings Mead Chippenham has increased by £3,927 (1.0%) and its rental value has increased by £61 per month (4.0%).
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 32, Ridings Mead, Chippenham is in very good condition we estimate a sale value of £424,897 and rental value of £1,613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,337 and a rental value of £1,428 per month.
If you were able to purchase this property for the estimated value of £404,664, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,989 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, 32, Ridings Mead, Chippenham sits on a plot of 652m2.
We have plot size data on 9 out of 18 other houses in the postcode and 32, Ridings Mead, Chippenham sits on the 4th largest plot.
According to HM Land Registry, 32, Ridings Mead, Chippenham was last sold on 25 Jun 2021 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Ridings Mead, Chippenham within a radius of 870 metres over the last 2 years.
The most recent example is 34, Ridings Mead, Chippenham, SN15 1PQ, a Freehold house which sold for £340,000 in Jun 2021.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridings Mead, Chippenham, SN15 has a total of 39 addresses. According to our analysis of all the public data, 32, Ridings Mead, Chippenham is the 20th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in SN15.
32, Ridings Mead, Chippenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 May 2021.
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 32, Ridings Mead, Chippenham is Chippenham 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 32, Ridings Mead, Chippenham, 66.0% of property is privately owned outright and 28.8% 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 32, Ridings Mead, Chippenham, 18.9% of residents are recorded as possessing school level qualifications and 37.6% 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 32, Ridings Mead, Chippenham, the average age was 40.6 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 32, Ridings Mead, Chippenham, 1.1% 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 32, Ridings Mead, Chippenham, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.