According to the public record, 3B, Melksham Road, Chippenham is a modern house with 2,152 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Melksham Road, Lacock, Chippenham, SN15 is located within the SN15 postal district.
3B, Melksham Road, Chippenham has no records in the Land Registry database and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3B Melksham Road Chippenham as £1,020,051 and the rental value as £2,656 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 3B Melksham Road Chippenham has increased by £5,866 (0.6%) and its rental value has increased by £100 per month (3.8%).
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 3B, Melksham Road, Chippenham is in very good condition we estimate a sale value of £1,071,053 and rental value of £2,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £948,647 and a rental value of £2,470 per month.
If you were able to purchase this property for the estimated value of £1,020,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,013 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3B, Melksham Road, Chippenham within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 1, Goods Hill, Corsham, SN13 9PP, a Freehold house which sold for £720,000 in Jun 2021.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melksham Road, Lacock, Chippenham, SN15 has a total of 5 addresses. According to our analysis of all the public data, 3B, Melksham Road, Chippenham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £651k more expensive than the average property in SN15.
3B, Melksham Road, Chippenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 3B, Melksham Road, Chippenham is Melksham station which is 3.9 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 3B, Melksham Road, Chippenham, 47.7% of property is privately owned outright and 25.2% 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 3B, Melksham Road, Chippenham, 16.3% of residents are recorded as possessing school level qualifications and 44.4% 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 3B, Melksham Road, Chippenham, the average age was 43.7 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 3B, Melksham Road, Chippenham, 1.5% 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 3B, Melksham Road, Chippenham, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.