Chippenham

Area Guide For Chippenham

Chippenham is a village and civil parish in Cambridgeshire, England, part of East Cambridgeshire district around 4 miles (6.4 km) north-east of Newmarket and 10 miles (16 km) north-east of Cambridge. The parish of Chippenham covers 4,300 acres (1,700 ha) at the eastern end of Cambridgeshire. It is bordered by Suffolk to both the north (where the border follows the River Kennett) and the south (where the border follows the Icknield Way). To the east it is separated from Kennett, and to the west there are borders with Fordham and Snailwell, and a short border with Isleham. The present parish incorporates both the smaller medieval parish and the hamlet of Badlingham. Listed as Chipeham in the Domesday Book of 1086, the name "Chippenham" probably means "river meadow of a man called Cippa". Chippenham Park was created by Edward Russell, 1st Earl of Orford, MP for Cambridgeshire and First Lord of the Admiralty, who owned the estate from 1689 until his death in 1727. Russell remodelled the manor house and greatly extended the estate park which now dominates the parish to the south of the village. Royalty have visited Chippenham on numerous occasions. The first was in 1578 when Elizabeth I

 
 

Chippenham Map

Estimated Price: £292,692
Average Asking Price: £419,202
Price change in last one year: £9,947
Average Price Paid: £246,062
Average Rent Rates: £849

 
 

Property Prices Breakdown in Chippenham

Average Price for property in Chippenham is around £292,692 which varies based on type of property you are interested in and ranges from £419,249 for detached house to around £239,782 for semi-detached. Similarly terraced house is around £191,556 and a flat is worth £134,764. Values have been changing and have risen £1,214 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,565 in last 6 months, £9,947 in last 1 year, £27,705 in last 2 years, £29,670 in last 3 years, £31,879 in last 4 years and £23,070 in last 5 years.

Currently average asking price of a property in Chippenham is around £419,202 based on approximately 840 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £849 per month.

Estimated property value in Chippenham is £292,692. Average asking price is £419,202 while average price paid is £260,353 which is up by £9,947 and Avg. asking rent £849.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chippenham area. In last 1 year alone average price buyer paid is around £260,353 based on approximately 840 sales in Chippenham area alone. If you compare it to last 3 years sales of 2,462 properties where buyers paid around £247,146. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £246,062 for 3,961 and average amount paid for purchase of approx. 5,353 properties sold in last 7 years comes to about £240,222 per sale.

 
 

Properties For Sale in Chippenham

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £129,279, £228,242 for a 2 bedroom house, £288,280 for a 3 bedroom house, £487,097 for a 4 bedroom house and £812,205 for a 5 bedroom house. For a flat similarly the prices varies from £128,271 for a single bedroom to £121,728 for a 2 bedroom Flat. To sum up the asking prices for properties in Chippenham it comes to around average £128,607 for 1 bedroom property, £197,809 for 2 bedroom, £288,280 for 3 bedroom, £487,097 for 4 bedroom and £812,205 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £676 for 1 bedroom to £719 for 2 bedrooms, £791 for 3 bedrooms, £1,166 for 4 bedrooms and £2,752 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £537. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £606. You should be generally be expecting around average £553 rent per month for single bedroom property, £692 for 2 bedroom, £791 for 3 bedroom, £1,166 for 4 bedroom and approximately £2,752 for a 5 bedroom property in Chippenham area.

Popular Houses in Chippenham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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