According to the public record, 40, Tugela Road, Chippenham is a period freehold house with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tugela Road, Chippenham, SN15 is located within the SN15 postal district.
40, Tugela Road, Chippenham has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated June 2020.
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 40 Tugela Road Chippenham as £298,783 and the rental value as £1,245 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 40 Tugela Road Chippenham has increased by £11,182 (3.7%) and its rental value has increased by £83 per month (6.7%).
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 40, Tugela Road, Chippenham is in very good condition we estimate a sale value of £313,722 and rental value of £1,307 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,868 and a rental value of £1,158 per month.
If you were able to purchase this property for the estimated value of £298,783, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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, 40, Tugela Road, Chippenham was last sold on 19 Jan 2023 for £275,000 and was recorded as a freehold house.
The property has only had this single sale 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 40, Tugela Road, Chippenham within a radius of 630 metres over the last 2 years.
The most recent example is 24, Tugela Road, Chippenham, SN15 1JF, a Freehold house which sold for £345,000 in Dec 2022.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tugela Road, Chippenham, SN15 has a total of 54 addresses. According to our analysis of all the public data, 40, Tugela Road, Chippenham is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in SN15.
40, Tugela Road, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2020.
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 40, Tugela Road, Chippenham is Chippenham station which is 300 metres 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 40, Tugela Road, Chippenham, 55.1% of property is privately owned outright and 21.8% 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 40, Tugela Road, Chippenham, 6.4% of residents are recorded as possessing school level qualifications and 32.3% 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 40, Tugela Road, 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 40, Tugela Road, Chippenham, 2.2% 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 40, Tugela Road, Chippenham, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.