According to the public record, 69C, Park Lane, Chippenham is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 69, Park Lane, Chippenham, SN15.
Park Lane, Chippenham, SN15 is located within the SN15 postal district.
69C, Park Lane, Chippenham has 21 entries in the Land Registry database, most recently in August 2007 and a single entry in the EPC database dated April 2022.
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 reasonable condition, we estimate the current sale value for 69C Park Lane Chippenham as £134,367 and the rental value as £793 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 69C Park Lane Chippenham has increased by £3,198 (2.4%) and its rental value has increased by £42 per month (5.3%).
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 69C, Park Lane, Chippenham is in very good condition we estimate a sale value of £141,085 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,961 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £134,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £660 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, 69C, Park Lane, Chippenham was last sold on 24 Aug 2007 for £99,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 69C, Park Lane, Chippenham within a radius of 560 metres over the last 2 years.
The most recent example is Flat 3, Langley Court, Langley Road, Chippenham, SN15 1BP, a Leasehold flat which sold for £117,000 in Sep 2020.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Chippenham, SN15 has a total of 114 addresses. According to our analysis of all the public data, 69C, Park Lane, Chippenham is the 111th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in SN15.
69C, Park Lane, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 69C, Park Lane, Chippenham is Chippenham station which is 500 metres 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 69C, Park Lane, Chippenham, 32.2% of property is privately owned with a mortgage and 31.5% is privately rented.
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 69C, Park Lane, Chippenham, 18.2% of residents are recorded as possessing school level qualifications and 41.4% 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 69C, Park Lane, Chippenham, the average age was 40.6 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 69C, Park Lane, Chippenham, 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 69C, Park Lane, Chippenham, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.