According to the public record, Chippings, Street is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,268 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Green Lane, Street, BA16 is located in the borough of Mendip within the BA16 postal district.
Chippings, Street has a single entry in the Land Registry database from July 2010 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 Chippings Street as £335,102 and the rental value as £1,511 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Chippings Street has decreased by £7,614 (2.3%) and its rental value has increased by £68 per month (4.5%).
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 Chippings, Street is in very good condition we estimate a sale value of £351,857 and rental value of £1,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,645 and a rental value of £1,405 per month.
If you were able to purchase this property for the estimated value of £335,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,647 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, Chippings, Street was last sold on 29 Jul 2010 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2010, the market for similar properties has risen 51.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chippings, Street within a radius of 560 metres over the last 2 years.
The most recent example is 27, Brooks Road, Street, BA16 0PN, a Freehold house which sold for £270,000 in Jun 2022.
Read more about house prices in BA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Street, BA16 has a total of 48 addresses. According to our analysis of all the public data, Chippings, Street is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in BA16.
The closest station to Chippings, Street is Castle Cary station which is 15.7 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 Chippings, Street, 45.0% of property is privately owned outright and 22.8% 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 Chippings, Street, 17.9% of residents are recorded as possessing school level qualifications and 25.4% 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 Chippings, Street, the average age was 42.7 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 Chippings, Street, 0.7% 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 Chippings, Street, 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.