Flat 2, Rackclose House
Flat 2, Rackclose House
Description & Estimates
Flat 2, Rackclose House, Chard is recorded publicly as a period leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 2, Rackclose House, Chard is £136,077 and its rental estimate is £637 per month, given the available information and assuming reasonable condition.
Rackclose House, Rackclose Gardens is a residential building on Rackclose Gardens, Chard, TA20 and falls within the TA20 postal district.
Our Data Sources
Flat 2, Rackclose House, Chard has 51 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Rackclose House, Chard, we estimate a market value of £142,881 and a rental value of £669 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,552 and £592 per month respectively.
Recent Market Change
Over the last year, Flat 2, Rackclose House, Chard has seen its estimated sale value climb by £4,260 (3.1%) and its estimated rental value rise by £35 per month (5.4%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 2, Rackclose House, Chard has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, Rackclose House, Chard completed on 1st March 2024 at £137,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 9.4% over the period since March 2024.
- Sold Mar 2024£137,000
- Sold Dec 2016£135,000
- Sold Sep 2014£120,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Rackclose House, Chard have sold within a radius of 980 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was 48, The Maltings, Chard, TA20 1PL, a leasehold flat which sold for £105,000.
Read more about house prices in TA20.
- Sold Aug 2023£105,000 | 2 Bed FlatThe Maltings48, The Maltings, Chard, TA20 1PL
- Sold Jun 2022£127,000 | 2 Bed FlatRackclose House, Rackclose GardensFlat 6, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
- Sold Sep 2015£97,500 | 2 Bed FlatRackclose House, Rackclose GardensFlat 7, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on Rackclose Gardens, Chard, TA20, Flat 2, Rackclose House, Chard comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the TA20 district.
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Schools Nearby
- 800mThe Redstart Primary School
- 1.0kmManor Court Community Primary School
- 1.9kmAvishayes Community Primary School
- 700mHolyrood Academy
- 10.4kmAxe Valley Academy
- 13.4kmWadham School
More reading links
Public Transport Nearby
From Flat 2, Rackclose House, Chard, the nearest station is Axminster, 11.1 kilometres away.
- 11.1kmAxminster
- 13.8kmCrewkerne
- 17.3kmHoniton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
