According to the public record, 1, Oatfield Close, Colchester is a modern house with 387 ft2 of internal area and sits on a 21,439 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Oatfield Close, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
1, Oatfield Close, Colchester has no records in the Land Registry database and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 Oatfield Close Colchester as £184,194 and the rental value as £911 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Oatfield Close Colchester has increased by £188 (0.1%) and its rental value has increased by £45 per month (5.0%).
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, Oatfield Close, Colchester is in very good condition we estimate a sale value of £193,404 and rental value of £957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,300 and a rental value of £848 per month.
If you were able to purchase this property for the estimated value of £184,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £905 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, Oatfield Close, Colchester sits on a plot of 21439m2.
We have plot size data on 33 out of 35 other houses in the postcode and 1, Oatfield Close, Colchester sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1, Oatfield Close, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 1A, Ratcliffe Road, Colchester, CO3 9BG, a Freehold house which sold for £185,000 in Jun 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oatfield Close, Stanway, Colchester, CO3 has a total of 44 addresses. According to our analysis of all the public data, 1, Oatfield Close, Colchester is the 25th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in CO3.
1, Oatfield Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Oatfield Close, Colchester is Colchester station which is 3.9 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 1, Oatfield Close, Colchester, 37.5% of property is socially rented and 31.3% 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, Oatfield Close, Colchester, 20.1% of residents are recorded as possessing school level qualifications and 27.9% 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, Oatfield Close, Colchester, the average age was 41.8 and the most common age was 32.
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, Oatfield Close, Colchester, 1.1% 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, Oatfield Close, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.