According to the public record, 7, Lockswell Close, Chippenham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,181 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lockswell Close, Chippenham, SN15 is located within the SN15 postal district.
7, Lockswell Close, Chippenham has 31 entries in the Land Registry database, most recently in February 2015 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 7 Lockswell Close Chippenham as £401,202 and the rental value as £1,488 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 7 Lockswell Close Chippenham has increased by £8,807 (2.2%) and its rental value has increased by £76 per month (5.1%).
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 7, Lockswell Close, Chippenham is in very good condition we estimate a sale value of £421,262 and rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,118 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £401,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,972 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, 7, Lockswell Close, Chippenham was last sold on 27 Feb 2015 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2015, the market for similar properties has risen 44.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lockswell Close, Chippenham within a radius of 790 metres over the last 2 years.
The most recent example is 7, Penny Lane, Chippenham, SN15 3SS, a Freehold house which sold for £340,000 in Oct 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockswell Close, Chippenham, SN15 has a total of 12 addresses. According to our analysis of all the public data, 7, Lockswell Close, Chippenham is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in SN15.
The closest station to 7, Lockswell Close, Chippenham is Chippenham station which is 2.3 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 7, Lockswell Close, Chippenham, 32.2% of property is privately owned outright and 32.2% 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 7, Lockswell Close, Chippenham, 18.1% of residents are recorded as possessing school level qualifications and 29.2% 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 7, Lockswell Close, 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 7, Lockswell Close, Chippenham, 1.6% 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 7, Lockswell Close, Chippenham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.