According to the public record, 104, Ipswich Road, Colchester is a early-century freehold house with 1,517 ft2 of internal area and sits on a 820 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ipswich Road, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
104, Ipswich Road, Colchester has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated July 2020.
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 104 Ipswich Road Colchester as £389,176 and the rental value as £1,713 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 104 Ipswich Road Colchester has decreased by £3,445 (0.9%) and its rental value has increased by £84 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 104, Ipswich Road, Colchester is in very good condition we estimate a sale value of £408,635 and rental value of £1,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,934 and a rental value of £1,593 per month.
If you were able to purchase this property for the estimated value of £389,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,913 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, 104, Ipswich Road, Colchester sits on a plot of 820m2.
We have plot size data on 8 out of 9 other houses in the postcode and 104, Ipswich Road, Colchester sits on the largest plot.
According to HM Land Registry, 104, Ipswich Road, Colchester was last sold on 28 Mar 2022 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 104, Ipswich Road, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 102, Ipswich Road, Colchester, CO4 0AA, a Freehold house which sold for £417,000 in Oct 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ipswich Road, Colchester, CO4 has a total of 392 addresses. According to our analysis of all the public data, 104, Ipswich Road, Colchester is the 55th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in CO4.
104, Ipswich Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2020.
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 104, Ipswich Road, Colchester is Hythe (Essex) station which is 1.2 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 104, Ipswich Road, Colchester, 37.6% of property is privately rented and 26.7% 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 104, Ipswich Road, Colchester, 20.2% of residents are recorded as possessing school level qualifications and 25.3% 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 104, Ipswich Road, 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 104, Ipswich Road, 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 104, Ipswich 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.