According to the public record, 8, London Road, Chippenham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,350 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
London Road, Chippenham, SN15 is located within the SN15 postal district.
8, London Road, Chippenham has a single entry in the Land Registry database from May 2021 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 London Road Chippenham as £315,875 and the rental value as £1,348 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 London Road Chippenham has increased by £8,378 (2.7%) and its rental value has increased by £75 per month (5.5%).
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, London Road, Chippenham is in very good condition we estimate a sale value of £331,669 and rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,764 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £315,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, London Road, Chippenham was last sold on 07 May 2021 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, London Road, Chippenham within a radius of 650 metres over the last 2 years.
The most recent example is 10, London Road, Chippenham, SN15 3AT, a Freehold house which sold for £273,000 in Feb 2022.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Chippenham, SN15 has a total of 226 addresses. According to our analysis of all the public data, 8, London Road, Chippenham is the 42nd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in SN15.
The closest station to 8, London Road, Chippenham is Chippenham station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, London Road, Chippenham, 44.7% of property is privately owned outright and 38.3% 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 8, London Road, Chippenham, 14.1% of residents are recorded as possessing school level qualifications and 37.7% 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, London Road, Chippenham, the average age was 43.5 and the most common age was 27.
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, London Road, Chippenham, 2.4% 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, London Road, Chippenham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.