According to the public record, Flat 3, Welland House 50, Swindon is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Welland House, Dydale Road, Swindon, SN25.
Dydale Road, Swindon, SN25 is located within the SN25 postal district.
Flat 3, Welland House 50, Swindon has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated May 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 3 Welland House 50 Swindon as £142,943 and the rental value as £737 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 3 Welland House 50 Swindon has decreased by £654 (0.5%) and its rental value has increased by £17 per month (2.3%).
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, Welland House 50, Swindon is in very good condition we estimate a sale value of £150,090 and rental value of £774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,937 and a rental value of £686 per month.
If you were able to purchase this property for the estimated value of £142,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £703 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, Welland House 50, Swindon was last sold on 23 Jan 2023 for £141,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Welland House 50, Swindon within a radius of 570 metres over the last 2 years.
The most recent example is Flat 4, Welland House 50, Dydale Road, Swindon, SN25 1AH, a Leasehold flat which sold for £140,000 in Nov 2022.
Read more about house prices in SN25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dydale Road, Swindon, SN25 has a total of 89 addresses. According to our analysis of all the public data, Flat 3, Welland House 50, Swindon is the 55th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in SN25.
Flat 3, Welland House 50, Swindon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2022.
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, Welland House 50, Swindon is Swindon (Wilts) station which is 4.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Welland House 50, Swindon, 45.4% of property is privately rented and 39.2% 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, Welland House 50, Swindon, 34.0% of residents are recorded as possessing school level qualifications and 33.3% 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, Welland House 50, Swindon, the average age was 32.4 and the most common age was 42.
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, Welland House 50, Swindon, 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 3, Welland House 50, Swindon, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.