According to the public record, Apartment 31, St. Andrews Lodge 16, Chippenham is a modern leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in St. Andrews Lodge, The Causeway, Chippenham, SN15.
The Causeway, Chippenham, SN15 is located within the SN15 postal district.
Apartment 31, St. Andrews Lodge 16, Chippenham has a single entry in the Land Registry database from September 2023 and a single entry in the EPC database dated March 2021.
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 good condition, we estimate the current sale value for Apartment 31 St. Andrews Lodge 16 Chippenham as £390,538 and the rental value as £1,207 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Apartment 31 St. Andrews Lodge 16 Chippenham has increased by £14,195 (3.6%) and its rental value has increased by £79 per month (6.5%).
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 Apartment 31, St. Andrews Lodge 16, Chippenham is in very good condition we estimate a sale value of £410,064 and rental value of £1,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,200 and a rental value of £1,123 per month.
If you were able to purchase this property for the estimated value of £390,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,919 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, Apartment 31, St. Andrews Lodge 16, Chippenham was last sold on 26 Sep 2023 for £410,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2023, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 31, St. Andrews Lodge 16, Chippenham within a radius of 660 metres over the last 2 years.
The most recent example is Apartment 17, St. Andrews Lodge 16, The Causeway, Chippenham, SN15 3HN, a Leasehold flat which sold for £376,310 in Aug 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Causeway, Chippenham, SN15 has a total of 104 addresses. According to our analysis of all the public data, Apartment 31, St. Andrews Lodge 16, Chippenham is the 20th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in SN15.
Apartment 31, St. Andrews Lodge 16, Chippenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 31, St. Andrews Lodge 16, Chippenham is Chippenham station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 31, St. Andrews Lodge 16, 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 Apartment 31, St. Andrews Lodge 16, 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 Apartment 31, St. Andrews Lodge 16, 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 Apartment 31, St. Andrews Lodge 16, 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 Apartment 31, St. Andrews Lodge 16, 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.