According to the public record, Flat 2, 22, Old Road, Chippenham is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 22, Old Road, Chippenham, SN15.
Old Road, Chippenham, SN15 is located within the SN15 postal district.
Flat 2, 22, Old Road, Chippenham has 3 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated April 2020.
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 2 22 Old Road Chippenham as £160,445 and the rental value as £818 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 22 Old Road Chippenham has increased by £4,579 (2.9%) and its rental value has increased by £47 per month (5.7%).
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 2, 22, Old Road, Chippenham is in very good condition we estimate a sale value of £168,467 and rental value of £859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,214 and a rental value of £761 per month.
If you were able to purchase this property for the estimated value of £160,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £789 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 2, 22, Old Road, Chippenham was last sold on 29 Jan 2021 for £135,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2021, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 22, Old Road, Chippenham within a radius of 630 metres over the last 2 years.
The most recent example is Flat 34, Clift House, Langley Road, Chippenham, SN15 1DS, a Leasehold flat which sold for £170,000 in Nov 2023.
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 2, 22, Old Road, Chippenham is the 2nd largest and the 10th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in SN15.
Flat 2, 22, Old Road, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.