According to the public record, 6, Red Gables, Trowbridge is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 681 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Red Gables, Trowbridge, BA14 is located within the BA14 postal district.
6, Red Gables, Trowbridge has a single entry in the Land Registry database from March 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Red Gables Trowbridge as £240,880 and the rental value as £1,001 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 6 Red Gables Trowbridge has increased by £8,708 (3.6%) and its rental value has increased by £70 per month (7.0%).
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 6, Red Gables, Trowbridge is in very good condition we estimate a sale value of £252,924 and rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,018 and a rental value of £931 per month.
If you were able to purchase this property for the estimated value of £240,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,184 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, 6, Red Gables, Trowbridge was last sold on 30 Mar 2017 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2017, 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 6, Red Gables, Trowbridge within a radius of 231m over the last 2 years.
The most recent example is 5, Red Gables, Trowbridge, BA14 7JF, a Leasehold flat which sold for £260,000 in Jun 2021.
Read more about house prices in BA14.
Red Gables, Trowbridge, BA14 has a total of 9 addresses. According to our analysis of all the public data, 6, Red Gables, Trowbridge is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in BA14.
The closest station to 6, Red Gables, Trowbridge is Trowbridge station which is 1.3 km 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 6, Red Gables, Trowbridge, 43.3% of property is privately rented and 25.9% is socially 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 6, Red Gables, Trowbridge, 6.1% of residents are recorded as possessing school level qualifications and 28.3% 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 6, Red Gables, Trowbridge, the average age was 40.2 and the most common age was 7.
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 6, Red Gables, Trowbridge, 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 6, Red Gables, Trowbridge, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.