According to the public record, 1 Sandra Court, Colchester is a mid-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Sandra Court, South Street, Colchester, CO2.
South Street, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
1 Sandra Court, Colchester has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated May 2015.
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 Sandra Court Colchester as £119,294 and the rental value as £762 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 1 Sandra Court Colchester has increased by £1,466 (1.2%) and its rental value has increased by £78 per month (10.2%).
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 Sandra Court, Colchester is in very good condition we estimate a sale value of £125,259 and rental value of £800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,944 and a rental value of £708 per month.
If you were able to purchase this property for the estimated value of £119,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £586 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 Sandra Court, Colchester was last sold on 03 Jan 2023 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Sandra Court, Colchester within a radius of 470 metres over the last 2 years.
The most recent example is Flat 4, 7, Church Walk, Colchester, CO1 1NS, a Leasehold flat which sold for £120,000 in Dec 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Colchester, CO2 has a total of 86 addresses. According to our analysis of all the public data, 1 Sandra Court, Colchester is the 65th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in CO2.
1 Sandra Court, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2015.
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 Sandra Court, Colchester is Colchester Town station which is 600 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 Sandra Court, Colchester, 52.4% of property is privately rented and 18.4% 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 Sandra Court, Colchester, 15.5% of residents are recorded as possessing school level qualifications and 36.2% 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 Sandra Court, 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 Sandra Court, 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 Sandra Court, 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.