According to the public record, Flat 1, The Old Rectory, Chippenham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 768 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Rectory, Malmesbury Road, Chippenham, SN15.
Malmesbury Road, Chippenham, SN15 is located within the SN15 postal district.
Flat 1, The Old Rectory, Chippenham has a single entry in the Land Registry database from August 2018 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 Flat 1 The Old Rectory Chippenham as £264,240 and the rental value as £925 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 1 The Old Rectory Chippenham has increased by £7,052 (2.7%) and its rental value has increased by £52 per month (5.6%).
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, The Old Rectory, Chippenham is in very good condition we estimate a sale value of £277,452 and rental value of £971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,743 and a rental value of £860 per month.
If you were able to purchase this property for the estimated value of £264,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,299 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, The Old Rectory, Chippenham was last sold on 21 Aug 2018 for £288,100 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, The Old Rectory, Chippenham within a radius of 590 metres over the last 2 years.
The most recent example is Flat 4, The Old Rectory, Malmesbury Road, Chippenham, SN15 1PR, a Leasehold flat which sold for £280,000 in Jul 2023.
Read more about house prices in SN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malmesbury Road, Chippenham, SN15 has a total of 226 addresses. According to our analysis of all the public data, Flat 1, The Old Rectory, Chippenham is the 166th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in SN15.
The closest station to Flat 1, The Old Rectory, Chippenham is Chippenham station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, The Old Rectory, Chippenham, 35.8% of property is privately owned with a mortgage and 33.1% is privately owned outright.
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, The Old Rectory, Chippenham, 14.1% of residents are recorded as possessing school level qualifications and 41.6% 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, The Old Rectory, 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 Flat 1, The Old Rectory, 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 Flat 1, The Old Rectory, 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.