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According to the public record, 6 Millway, Chard is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6 Millway, Chard is £146,160 and the estimated rental value is £647 per month.
Wambrook, Chard, TA20 is located within the TA20 postal district.
6 Millway, Chard has a single entry in the Land Registry from May 2009 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 6 Millway, Chard is in very good condition we estimate a sale value of £153,468 and a rental value of £679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,929 and a rental value of £602 per month.
Over the last 12 months the sale value of 6 Millway Chard has increased by an estimated £3,003 (2.1%) and its rental value has increased by an estimated £29 per month (4.4%), giving an expected gross yield of 5.3%.
6 Millway, Chard has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 6 Millway, Chard was last sold on 1st May 2009 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Millway, Chard within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Flat 2, Rackclose House, Rackclose Gardens, Chard, TA20 1RG, a leasehold flat which sold for £137,000 on the 1st March 2024.
Read more about house prices in TA20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wambrook, Chard, TA20 has a total of 84 addresses. According to our analysis of all the public data, 6 Millway, Chard is the 77th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in TA20.
The closest station to 6 Millway, Chard is Axminster station which is 9.6 kilometres 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 6 Millway, Chard, 41.7% of property is privately owned outright and 29.8% is privately rented.
The graph below shows how this compares to South West 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 6 Millway, Chard, 17.6% of residents are recorded as possessing school level qualifications and 38.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6 Millway, Chard, the average age was 49.9 and the most common age was 72.
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 6 Millway, Chard, 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 6 Millway, Chard, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.