According to the public record, 1, Goldcrest Close, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,221 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Goldcrest Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
1, Goldcrest Close, Colchester has 31 entries in the Land Registry database, most recently in July 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Goldcrest Close Colchester as £430,126 and the rental value as £1,655 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 1 Goldcrest Close Colchester has decreased by £6,784 (1.6%) and its rental value has increased by £81 per month (4.9%).
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, Goldcrest Close, Colchester is in very good condition we estimate a sale value of £451,632 and rental value of £1,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,017 and a rental value of £1,539 per month.
If you were able to purchase this property for the estimated value of £430,126, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,114 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 HM Land Registry, 1, Goldcrest Close, Colchester was last sold on 04 Jul 2017 for £340,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Goldcrest Close, Colchester within a radius of 211m over the last 2 years.
The most recent example is 6, Fulmar Close, Colchester, CO4 3FJ, a Freehold house which sold for £439,000 in Oct 2022.
Read more about house prices in CO4.
Goldcrest Close, Colchester, CO4 has a total of 54 addresses. According to our analysis of all the public data, 1, Goldcrest Close, Colchester is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in CO4.
The closest station to 1, Goldcrest Close, Colchester is Hythe (Essex) station which is 1.8 km 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, Goldcrest Close, Colchester, 48.8% of property is privately owned with a mortgage and 45.7% 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 1, Goldcrest Close, Colchester, 20.4% of residents are recorded as possessing school level qualifications and 31.3% 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, Goldcrest Close, Colchester, the average age was 43 and the most common age was 52.
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, Goldcrest Close, Colchester, 1.5% 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, Goldcrest Close, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.