According to the public record, Flat C, 8-9, Commercial Road, Swindon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 571 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Commercial Road, Swindon, SN1.
Commercial Road, Swindon, SN1 is located within the SN1 postal district.
Flat C, 8-9, Commercial Road, Swindon has a single entry in the Land Registry database from July 2015 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 C 8-9 Commercial Road Swindon as £116,956 and the rental value as £744 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat C 8-9 Commercial Road Swindon has decreased by £962 (0.8%) and its rental value has increased by £15 per month (2.0%).
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 C, 8-9, Commercial Road, Swindon is in very good condition we estimate a sale value of £122,804 and rental value of £781 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,769 and a rental value of £692 per month.
If you were able to purchase this property for the estimated value of £116,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £575 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 C, 8-9, Commercial Road, Swindon was last sold on 31 Jul 2015 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 8-9, Commercial Road, Swindon within a radius of 370 metres over the last 2 years.
The most recent example is Flat B, 8-9, Commercial Road, Swindon, SN1 5NF, a Leasehold flat which sold for £117,000 in Aug 2022.
Read more about house prices in SN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, Swindon, SN1 has a total of 146 addresses. According to our analysis of all the public data, Flat C, 8-9, Commercial Road, Swindon is the 53rd largest and the 99th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in SN1.
The closest station to Flat C, 8-9, Commercial Road, Swindon is Swindon (Wilts) station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat C, 8-9, Commercial Road, Swindon, 65.8% of property is privately rented and 15.5% 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 C, 8-9, Commercial Road, Swindon, 13.0% of residents are recorded as possessing school level qualifications and 35.6% 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 C, 8-9, Commercial Road, Swindon, the average age was 36.4 and the most common age was 32.
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 C, 8-9, Commercial Road, Swindon, 0.3% 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 C, 8-9, Commercial Road, Swindon, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.