According to the public record, 48, Monks Way, Chippenham is a modern freehold house with 1,539 ft2 of internal area and sits on a 334 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.
48, Monks Way, Chippenham has 3 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated January 2010.
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 48 Monks Way Chippenham as £431,572 and the rental value as £1,567 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 48 Monks Way Chippenham has increased by £8,049 (1.9%) and its rental value has increased by £75 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 48, Monks Way, Chippenham is in very good condition we estimate a sale value of £453,151 and rental value of £1,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,362 and a rental value of £1,457 per month.
If you were able to purchase this property for the estimated value of £431,572, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,121 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, 48, Monks Way, Chippenham sits on a plot of 334m2.
We have plot size data on 17 out of 27 other houses in the postcode and 48, Monks Way, Chippenham sits on the 9th largest plot.
According to HM Land Registry, 48, Monks Way, Chippenham was last sold on 05 Mar 2020 for £348,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2020, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Monks Way, Chippenham within a radius of 870 metres over the last 2 years.
The most recent example is 7, Anglesey Mead, Chippenham, SN15 3UB, a Freehold house which sold for £380,000 in Oct 2020.
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, 48, Monks Way, Chippenham is the 2nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in SN15.
48, Monks Way, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2010.
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 48, Monks Way, Chippenham is Chippenham station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, 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 48, 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 48, 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 48, 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 48, 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.