Rayleigh Mansions, Drury Road, Colchester, CO2 is a residential building located on Drury Road, Colchester, CO2. It is the 614th largest building in the CO2 area.
It contains 8 flats and 2 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £173,046. Sales values have increased in the last 12 months by 1.2% and Rental values have increased by 8.9%.
Property sale values range from £92,216 for a leasehold flat, with 1 bedrooms split across 291 square feet of gross internal area and has no outside space to £313,692 for a leasehold house, with 4 bedrooms split across 1,449 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Rayleigh Mansions, Drury Road, Colchester, CO2 is £276/ft2.
Properties achieve a rental yield of between 4.2% and 7.7%, and rental values range from £588 to £1,333 per month.
The last sale was 29 Feb 2024 for £355,000 and since then the market in the area has increased by 4.4%. The building has had a total of 4 sales since 1995.
Rayleigh Mansions, Drury Road, Colchester, CO2 has seen 4 sales in the last three years and 2 sales in the last twelve months.
Rayleigh Mansions, Drury Road, Colchester, CO2 is a residential building located on Drury Road, Colchester, CO2 with 8 flats and 2 unknown.
The most common property type in Rayleigh Mansions, Drury Road, Colchester, CO2 is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to Rayleigh Mansions, Drury Road, Colchester, CO2 is Colchester Town station which is 1.9 kilometres away.
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 Rayleigh Mansions, Drury Road, Colchester, CO2, 45.5% of property is privately owned with a mortgage and 36.6% is privately owned outright.
The graph below shows how this compares to Greater London 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 Rayleigh Mansions, Drury Road, Colchester, CO2, 23.6% of residents are recorded as possessing school level qualifications and 45.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Rayleigh Mansions, Drury Road, Colchester, CO2, the average age was 37.4 and the most common age was 47.
The graph below shows how this compares to East of England 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 Rayleigh Mansions, Drury Road, Colchester, CO2, 0.9% of property was a second home.
Comparison figures for East of England 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 Rayleigh Mansions, Drury Road, Colchester, CO2, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.