According to the public record, 56, Assart Way, Chippenham is a mid-century freehold house with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Assart Way, Chippenham, SN14 is located within the SN14 postal district.
56, Assart Way, Chippenham has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated February 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 56 Assart Way Chippenham as £338,710 and the rental value as £1,321 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 56 Assart Way Chippenham has increased by £8,906 (2.6%) and its rental value has increased by £79 per month (6.0%).
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 56, Assart Way, Chippenham is in very good condition we estimate a sale value of £355,645 and rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,000 and a rental value of £1,229 per month.
If you were able to purchase this property for the estimated value of £338,710, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,665 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, 56, Assart Way, Chippenham was last sold on 23 Mar 2022 for £308,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Assart Way, Chippenham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 16, Assart Way, Chippenham, SN14 0UW, a Freehold house which sold for £360,000 in Nov 2022.
Read more about house prices in SN14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Assart Way, Chippenham, SN14 has a total of 72 addresses. According to our analysis of all the public data, 56, Assart Way, Chippenham is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in SN14.
56, Assart Way, Chippenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 56, Assart Way, Chippenham is Chippenham station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Assart Way, Chippenham, 54.3% of property is privately owned outright and 33.3% 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 56, Assart Way, Chippenham, 17.4% of residents are recorded as possessing school level qualifications and 50.2% 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 56, Assart Way, Chippenham, the average age was 43.7 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 56, Assart Way, 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 56, Assart Way, Chippenham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.