According to the public record, 5, Victoria Drive, Chippenham is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Victoria Drive, Lyneham, Chippenham, SN15.
Victoria Drive, Lyneham, Chippenham, SN15 is located within the SN15 postal district.
5, Victoria Drive, Chippenham has 31 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated June 2024.
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 5 Victoria Drive Chippenham as £121,226 and the rental value as £759 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 5 Victoria Drive Chippenham has increased by £606 (0.5%) and its rental value has increased by £20 per month (2.6%).
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 5, Victoria Drive, Chippenham is in very good condition we estimate a sale value of £127,288 and rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,740 and a rental value of £706 per month.
If you were able to purchase this property for the estimated value of £121,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £596 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, 5, Victoria Drive, Chippenham was last sold on 04 Jul 2016 for £116,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2016, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Victoria Drive, Chippenham within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 33, Victoria Drive, Chippenham, SN15 4RA, a Leasehold flat which sold for £107,000 in Aug 2021.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Drive, Lyneham, Chippenham, SN15 has a total of 85 addresses. According to our analysis of all the public data, 5, Victoria Drive, Chippenham is the 71st largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in SN15.
5, Victoria Drive, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5, Victoria Drive, Chippenham is Chippenham station which is 11.9 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 5, Victoria Drive, Chippenham, 44.0% of property is privately owned with a mortgage and 27.2% 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 5, Victoria Drive, Chippenham, 14.6% of residents are recorded as possessing school level qualifications and 22.8% 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 5, Victoria Drive, Chippenham, the average age was 40.1 and the most common age was 17.
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 5, Victoria Drive, Chippenham, 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 5, Victoria Drive, Chippenham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.