According to the public record, 100, Layer Road, Colchester is a early-century house with 1,054 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Layer Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
100, Layer Road, Colchester has no records in the Land Registry database and a single entry in the EPC database dated March 2021.
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 100 Layer Road Colchester as £350,727 and the rental value as £1,372 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 100 Layer Road Colchester has decreased by £5,139 (1.5%) and its rental value has increased by £89 per month (6.5%).
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 100, Layer Road, Colchester is in very good condition we estimate a sale value of £368,263 and rental value of £1,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,176 and a rental value of £1,276 per month.
If you were able to purchase this property for the estimated value of £350,727, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,724 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 100, Layer Road, Colchester within a radius of 710 metres over the last 2 years.
The most recent example is 92, Rainsborowe Road, Colchester, CO2 7JS, a Freehold house which sold for £325,000 in Jul 2022.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Layer Road, Colchester, CO2 has a total of 234 addresses. According to our analysis of all the public data, 100, Layer Road, Colchester is the 57th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in CO2.
100, Layer Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2021.
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 100, Layer Road, Colchester is Colchester Town station which is 2.0 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 100, Layer Road, Colchester, 45.7% of property is privately owned outright and 43.3% 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 100, Layer Road, Colchester, 19.9% of residents are recorded as possessing school level qualifications and 33.5% 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 100, Layer Road, Colchester, the average age was 37.4 and the most common age was 47.
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 100, Layer 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 100, Layer Road, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.