According to the public record, 44 Castle Lodge, Chippenham is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Castle Lodge, Gladstone Road, Chippenham, SN15.
Gladstone Road, Chippenham, SN15 is located within the SN15 postal district.
44 Castle Lodge, Chippenham has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated March 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 44 Castle Lodge Chippenham as £154,858 and the rental value as £840 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 44 Castle Lodge Chippenham has increased by £4,562 (2.9%) and its rental value has increased by £49 per month (5.8%).
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 44 Castle Lodge, Chippenham is in very good condition we estimate a sale value of £162,601 and rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,018 and a rental value of £782 per month.
If you were able to purchase this property for the estimated value of £154,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £761 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, 44 Castle Lodge, Chippenham was last sold on 29 Mar 2016 for £109,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44 Castle Lodge, Chippenham within a radius of 660 metres over the last 2 years.
The most recent example is 31 Castle Lodge, Gladstone Road, Chippenham, SN15 3YY, a Leasehold flat which sold for £120,000 in May 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gladstone Road, Chippenham, SN15 has a total of 48 addresses. According to our analysis of all the public data, 44 Castle Lodge, Chippenham is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in SN15.
44 Castle Lodge, Chippenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 44 Castle Lodge, Chippenham is Chippenham station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 44 Castle Lodge, Chippenham, 60.0% of property is privately rented and 26.0% is privately owned outright.
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 44 Castle Lodge, Chippenham, 10.6% of residents are recorded as possessing school level qualifications and 39.9% 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 44 Castle Lodge, Chippenham, the average age was 43.5 and the most common age was 27.
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 44 Castle Lodge, Chippenham, 1.3% 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 44 Castle Lodge, Chippenham, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.