Flat 7, Rackclose House
Flat 7, Rackclose House
Description & Estimates
Public records show Flat 7, Rackclose House, Chard to be a period leasehold apartment with 758 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, Rackclose House, Chard has an estimated sale value of £138,024 and an estimated rental value of £642 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rackclose House, Rackclose Gardens, Chard, TA20.
Rackclose Gardens, Chard, TA20 lies within the TA20 postal district.
Our Data Sources
Flat 7, Rackclose House, Chard has 51 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated February 2010.
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
In very good condition, we estimate Flat 7, Rackclose House, Chard would be worth £144,925, with a potential rental value of £674 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £128,363, with a rental value of £597 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 7, Rackclose House, Chard has grown by £2,836 (2.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (4.4%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 7, Rackclose House, Chard has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 7, Rackclose House, Chard last changed hands on 22nd September 2015, selling for £97,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 51.0% since September 2015.
- Sold Sep 2015£97,500
- Sold Sep 2007£123,500
- Sold Jul 2001£48,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of Flat 7, Rackclose House, Chard across the last 2 years.
Most recently, Flat 2, Rackclose House, Rackclose Gardens, Chard, TA20 1RG, a leasehold flat, sold at £137,000 on the 1st March 2024.
Read more about house prices in TA20.
- Sold Mar 2024£137,000 | 2 Bed FlatFlat 2, Rackclose House, Rackclose Gardens, Chard, TA20 1RGFlat 2, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
- Sold Aug 2023£105,000 | 2 Bed Flat48, The Maltings, Chard, TA20 1PL48, The Maltings, Chard, TA20 1PL
- Sold Jun 2022£127,000 | 2 Bed FlatFlat 6, Rackclose House, Rackclose Gardens, Chard, TA20 1RGFlat 6, Rackclose House, Rackclose Gardens, Chard, TA20 1RG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 7, Rackclose House, Chard as the 11th largest and the 11th most expensive of the 17 addresses on Rackclose Gardens, Chard, TA20.
Against the TA20 postcode district average, it is £154k less expensive than the typical property.
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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
Axminster station is the nearest stop to Flat 7, Rackclose House, Chard at 11.1 kilometres away.
- 11.1kmAxminster
- 13.8kmCrewkerne
- 17.3kmHoniton
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
