According to the public record, 1, Granville Road, Colchester is a period freehold house with 592 ft2 of internal area and sits on a 89.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Granville Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
1, Granville Road, Colchester has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Granville Road Colchester as £203,909 and the rental value as £1,035 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 1 Granville Road Colchester has decreased by £1,469 (0.7%) and its rental value has increased by £84 per month (8.1%).
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, Granville Road, Colchester is in very good condition we estimate a sale value of £214,105 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,636 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £203,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,002 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, Granville Road, Colchester sits on a plot of 89m2.
We have plot size data on 19 out of 26 other houses in the postcode and 1, Granville Road, Colchester sits on the 17th largest plot.
According to HM Land Registry, 1, Granville Road, Colchester was last sold on 05 Mar 2021 for £156,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Granville Road, Colchester within a radius of 380 metres over the last 2 years.
The most recent example is 44, Granville Road, Colchester, CO1 2EE, a Freehold house which sold for £220,000 in Jun 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Granville Road, Colchester, CO1 has a total of 60 addresses. According to our analysis of all the public data, 1, Granville Road, Colchester is the 34th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in CO1.
1, Granville Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2018.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 1, Granville Road, Colchester is Colchester Town station which is 800 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, Granville Road, Colchester, 38.6% of property is privately rented and 35.1% is privately owned with a mortgage.
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, Granville Road, Colchester, 18.0% of residents are recorded as possessing school level qualifications and 34.1% 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 1, Granville Road, 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, Granville Road, 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, Granville Road, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.