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According to the public record, 48A, Pound Close, Chippenham is a mid-century leasehold apartment with 721 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 48A, Pound Close, Chippenham is £110,532 and the estimated rental value is £604 per month.
The apartment is within 48, Pound Close, Lyneham, Chippenham, SN15.
Pound Close, Lyneham, Chippenham, SN15 is located within the SN15 postal district.
48A, Pound Close, Chippenham has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated February 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 48A, Pound Close, Chippenham is in very good condition we estimate a sale value of £116,058 and a rental value of £634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,795 and a rental value of £561 per month.
Over the last 12 months the sale value of 48A Pound Close Chippenham has decreased by an estimated £1,768 (1.6%) and its rental value has increased by an estimated £22 per month (3.7%), giving an expected gross yield of 6.6%.
48A, Pound Close, Chippenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 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, 48A, Pound Close, Chippenham was last sold on 3rd September 2020 for £98,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.0 kilometres radius of 48A, Pound Close, Chippenham over the last 2 years.
The most recent example is 41, Pound Close, Chippenham, SN15 4PJ, a freehold house which sold for £230,000 on the 1st September 2022.
Read more about house prices in SN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pound Close, Lyneham, Chippenham, SN15 has a total of 81 addresses. According to our analysis of all the public data, 48A, Pound Close, Chippenham is the 50th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in SN15.
The closest station to 48A, Pound Close, Chippenham is Chippenham station which is 11.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 48A, Pound Close, Chippenham, 37.5% of property is socially rented and 32.8% is privately owned outright.
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 48A, Pound Close, Chippenham, 8.0% of residents are recorded as possessing school level qualifications and 25.2% 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 48A, Pound Close, Chippenham, the average age was 40.1 and the most common age was 17.
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 48A, Pound Close, Chippenham, 1.5% 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 48A, Pound Close, Chippenham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.