According to the public record, Flat 3, Little Ridings, Chippenham is a mid-century leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Little Ridings, Malmesbury Road, Chippenham, SN15.
Malmesbury Road, Chippenham, SN15 is located within the SN15 postal district.
Flat 3, Little Ridings, Chippenham has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated January 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 3 Little Ridings Chippenham as £245,141 and the rental value as £851 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 3 Little Ridings Chippenham has increased by £7,468 (3.0%) and its rental value has increased by £52 per month (6.1%).
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 3, Little Ridings, Chippenham is in very good condition we estimate a sale value of £257,399 and rental value of £894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,982 and a rental value of £792 per month.
If you were able to purchase this property for the estimated value of £245,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,205 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 3, Little Ridings, Chippenham was last sold on 21 Jul 2021 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, Little Ridings, Chippenham within a radius of 650 metres over the last 2 years.
The most recent example is Flat 1, The Old Rectory, Malmesbury Road, Chippenham, SN15 1PR, a Leasehold flat which sold for £288,100 in Aug 2018.
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 3, Little Ridings, Chippenham is the 134th largest and the 161st most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SN15.
Flat 3, Little Ridings, Chippenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2020.
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 Flat 3, Little Ridings, Chippenham is Chippenham station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Little Ridings, Chippenham, 45.4% of property is privately owned outright and 43.6% 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 3, Little Ridings, Chippenham, 26.4% of residents are recorded as possessing school level qualifications and 50.4% 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 Flat 3, Little Ridings, 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 3, Little Ridings, Chippenham, 0.6% 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 3, Little Ridings, Chippenham, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.