According to the public record, 4, Springwater House 8, Swindon is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Springwater House, Swan Close, Swindon, SN3.
Swan Close, Swindon, SN3 is located within the SN3 postal district.
4, Springwater House 8, Swindon has 3 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated November 2022.
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 4 Springwater House 8 Swindon as £152,670 and the rental value as £753 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 4 Springwater House 8 Swindon has decreased by £710 (0.5%) and its rental value has increased by £21 per month (2.8%).
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 4, Springwater House 8, Swindon is in very good condition we estimate a sale value of £160,304 and rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,983 and a rental value of £700 per month.
If you were able to purchase this property for the estimated value of £152,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £750 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, 4, Springwater House 8, Swindon was last sold on 14 Apr 2023 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Springwater House 8, Swindon within a radius of 550 metres over the last 2 years.
The most recent example is 6, Waterfall House 4, Endeavour Road, Swindon, SN3 4EX, a Leasehold flat which sold for £145,000 in Jan 2023.
Read more about house prices in SN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swan Close, Swindon, SN3 has a total of 48 addresses. According to our analysis of all the public data, 4, Springwater House 8, Swindon is the 28th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in SN3.
4, Springwater House 8, Swindon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 4, Springwater House 8, Swindon is Swindon (Wilts) station which is 3.1 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 4, Springwater House 8, Swindon, 46.6% of property is privately owned with a mortgage and 28.1% is privately rented.
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 4, Springwater House 8, Swindon, 17.5% of residents are recorded as possessing school level qualifications and 31.0% 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 4, Springwater House 8, Swindon, the average age was 45.4 and the most common age was 57.
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 4, Springwater House 8, 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 4, Springwater House 8, Swindon, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.