According to the public record, 8, Erlestoke Way, Swindon is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 688 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Erlestoke Way, Swindon, SN2 is located within the SN2 postal district.
8, Erlestoke Way, Swindon has a single entry in the Land Registry database from December 2006 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 8 Erlestoke Way Swindon as £157,096 and the rental value as £828 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 8 Erlestoke Way Swindon has increased by £4,638 (3.0%) and its rental value has increased by £45 per month (5.4%).
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 8, Erlestoke Way, Swindon is in very good condition we estimate a sale value of £164,950 and rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,099 and a rental value of £770 per month.
If you were able to purchase this property for the estimated value of £157,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £772 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, 8, Erlestoke Way, Swindon was last sold on 15 Dec 2006 for £107,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Erlestoke Way, Swindon within a radius of 580 metres over the last 2 years.
The most recent example is 41, Downton Road, Swindon, SN2 5JX, a Freehold house which sold for £167,000 in Mar 2023.
Read more about house prices in SN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erlestoke Way, Swindon, SN2 has a total of 14 addresses. According to our analysis of all the public data, 8, Erlestoke Way, Swindon is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in SN2.
The closest station to 8, Erlestoke Way, Swindon is Swindon (Wilts) station which is 3.5 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 8, Erlestoke Way, Swindon, 64.0% of property is socially rented and 16.9% 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 8, Erlestoke Way, Swindon, 29.1% of residents are recorded as possessing school level qualifications and 15.3% 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 8, Erlestoke Way, Swindon, the average age was 35.4 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 8, Erlestoke Way, Swindon, 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 8, Erlestoke Way, Swindon, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.