According to the public record, 38, Monks Way, Chippenham is a modern freehold house with 1,313 ft2 of internal area and sits on a 463 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Monks Way, Chippenham, SN15 is located within the SN15 postal district.
38, Monks Way, Chippenham has 2 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated August 2013.
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 38 Monks Way Chippenham as £398,330 and the rental value as £1,512 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 38 Monks Way Chippenham has increased by £7,429 (1.9%) and its rental value has increased by £73 per month (4.8%).
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 38, Monks Way, Chippenham is in very good condition we estimate a sale value of £418,247 and rental value of £1,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,447 and a rental value of £1,406 per month.
If you were able to purchase this property for the estimated value of £398,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,958 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, 38, Monks Way, Chippenham sits on a plot of 463m2.
We have plot size data on 17 out of 27 other houses in the postcode and 38, Monks Way, Chippenham sits on the 2nd largest plot.
According to HM Land Registry, 38, Monks Way, Chippenham was last sold on 17 Feb 2014 for £308,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 53.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Monks Way, Chippenham within a radius of 820 metres over the last 2 years.
The most recent example is 28, Bramble Drive, Chippenham, SN15 3PH, a Freehold house which sold for £325,000 in Sep 2022.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Way, Chippenham, SN15 has a total of 40 addresses. According to our analysis of all the public data, 38, Monks Way, Chippenham is the 5th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in SN15.
38, Monks Way, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 2013.
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 38, Monks Way, Chippenham is Chippenham station which is 2.3 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 38, Monks Way, Chippenham, 55.3% of property is privately owned outright and 31.2% 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 38, Monks Way, Chippenham, 16.1% of residents are recorded as possessing school level qualifications and 34.4% 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 38, Monks Way, 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 38, Monks Way, Chippenham, 1.5% 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 38, Monks Way, 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.