1 Parade Ground Mews, Colchester has no records in the Land Registry database and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
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 1 Parade Ground Mews, Colchester is in very good condition we estimate a sale value of £188,536 and rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,989 and a rental value of £833 per month.
If you were able to purchase this property for the estimated value of £179,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £882 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Parade Ground Mews, Colchester sits on a plot of 931m2.
We have plot size data on 7 out of 13 other houses in the postcode and 1 Parade Ground Mews, Colchester sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1 Parade Ground Mews, Colchester within a radius of 330 metres over the last 2 years.
The most recent example is 21, Wimpole Road, Colchester, CO1 2DE, a Freehold house which sold for £188,000 in Sep 2021.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Military Road, Colchester, CO1 has a total of 259 addresses. According to our analysis of all the public data, 1 Parade Ground Mews, Colchester is the 54th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in CO1.
1 Parade Ground Mews, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
According to the public record, 1 Parade Ground Mews, Colchester is a period house with 936 ft2 of internal area and sits on a 931 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Military Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Parade Ground Mews Colchester as £179,558 and the rental value as £896 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 1 Parade Ground Mews Colchester has decreased by £1,848 (1.0%) and its rental value has increased by £69 per month (7.8%).
The closest station to 1 Parade Ground Mews, Colchester is Colchester Town station which is 500 metres 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 1 Parade Ground Mews, Colchester, 61.8% of property is privately rented and 21.8% is socially rented.
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 1 Parade Ground Mews, Colchester, 27.2% of residents are recorded as possessing school level qualifications and 27.6% 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 1 Parade Ground Mews, Colchester, the average age was 33.3 and the most common age was 22.
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 1 Parade Ground Mews, Colchester, 0.0% 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 1 Parade Ground Mews, Colchester, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.