According to the public record, Flat 1, 22, Old Road, Chippenham is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 22, Old Road, Chippenham, SN15.
Old Road, Chippenham, SN15 is located within the SN15 postal district.
Flat 1, 22, Old Road, Chippenham has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated January 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 Flat 1 22 Old Road Chippenham as £140,828 and the rental value as £819 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 1 22 Old Road Chippenham has increased by £4,148 (2.9%) and its rental value has increased by £47 per month (5.8%).
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 Flat 1, 22, Old Road, Chippenham is in very good condition we estimate a sale value of £147,869 and rental value of £860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,970 and a rental value of £761 per month.
If you were able to purchase this property for the estimated value of £140,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £692 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, Flat 1, 22, Old Road, Chippenham was last sold on 31 May 2022 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 22, Old Road, Chippenham within a radius of 630 metres over the last 2 years.
The most recent example is 70A, Park Lane, Chippenham, SN15 1LW, a Leasehold flat which sold for £157,500 in Nov 2022.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Road, Chippenham, SN15 has a total of 23 addresses. According to our analysis of all the public data, Flat 1, 22, Old Road, Chippenham is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in SN15.
Flat 1, 22, Old Road, Chippenham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 11 Jan 2022.
The property is not connected to mains gas and has partial secondary glazing. It is heated using an electric boiler and radiators.
The closest station to Flat 1, 22, Old Road, Chippenham is Chippenham station which is 100 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 Flat 1, 22, Old Road, Chippenham, 55.1% of property is privately rented and 24.0% 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 Flat 1, 22, Old Road, Chippenham, 13.5% of residents are recorded as possessing school level qualifications and 39.0% 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 Flat 1, 22, Old 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 Flat 1, 22, Old Road, Chippenham, 1.2% 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 Flat 1, 22, Old Road, Chippenham, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.