Flat 4, Rackclose House
Flat 4, Rackclose House
Description & Estimates
According to the public record, Flat 4, Rackclose House, Chard is a period leasehold apartment with 626 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Rackclose House, Chard is £125,229 and the estimated rental value is £612 per month.
The apartment is within Rackclose House, Rackclose Gardens, Chard, TA20.
Rackclose Gardens, Chard, TA20 is located within the TA20 postal district.
Our Data Sources
Flat 4, Rackclose House, Chard has 41 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated July 2011.
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
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 4, Rackclose House, Chard is in very good condition we estimate a sale value of £131,490 and a rental value of £642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,463 and a rental value of £569 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, Rackclose House, Chard has climbed by £3,921 (3.1%), while its estimated rental value has risen by £33 per month (5.4%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
Flat 4, Rackclose House, Chard has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, Rackclose House, Chard was last sold on 11th January 2019 for £87,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2019, the market for similar properties has risen by 28.5%.
- Sold Jan 2019£87,000
- Sold Oct 2007£108,000
- Sold Aug 2002£62,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Rackclose House, Chard within a radius of 980 metres over the last 2 years.
The most recent example is Flat 6, Rackclose House, Rackclose Gardens, Chard, TA20 1RG, a leasehold flat which sold for £127,000 on the 30th June 2022.
Read more about house prices in TA20.
- Sold Jun 2022£127,000 | 2 Bed FlatRackclose House, Rackclose GardensFlat 6, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
- Sold Apr 2017£89,000 | 2 Bed FlatRackclose House, Rackclose GardensFlat 3, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
- Sold Sep 2014£86,750 | 2 Bed FlatRackclose House, Rackclose GardensFlat 5, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Rackclose Gardens, Chard, TA20 has a total of 17 addresses. According to our analysis of all the public data, Flat 4, Rackclose House, Chard is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in TA20.
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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
The closest station to Flat 4, Rackclose House, Chard is Axminster station, which is 11.1 kilometres away.
- 11.1kmAxminster
- 13.8kmCrewkerne
- 17.3kmHoniton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
