According to the public record, 108, Old Heath Road, Colchester is a period freehold house with 904 ft2 of internal area and sits on a 244 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Heath Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
108, Old Heath Road, Colchester has 21 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated October 2014.
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 108 Old Heath Road Colchester as £258,471 and the rental value as £1,254 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 108 Old Heath Road Colchester has decreased by £3,197 (1.2%) and its rental value has increased by £93 per month (7.4%).
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 108, Old Heath Road, Colchester is in very good condition we estimate a sale value of £271,395 and rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,378 and a rental value of £1,166 per month.
If you were able to purchase this property for the estimated value of £258,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,270 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, 108, Old Heath Road, Colchester sits on a plot of 244m2.
We have plot size data on 21 out of 32 other houses in the postcode and 108, Old Heath Road, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 108, Old Heath Road, Colchester was last sold on 30 Jan 2024 for £261,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 108, Old Heath Road, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 87, Old Heath Road, Colchester, CO1 2EX, a Freehold house which sold for £266,500 in Aug 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Heath Road, Colchester, CO1 has a total of 145 addresses. According to our analysis of all the public data, 108, Old Heath Road, Colchester is the 70th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in CO1.
108, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2014.
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 108, Old Heath Road, Colchester is Hythe (Essex) station which is 1.0 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 108, Old Heath Road, Colchester, 47.5% of property is privately owned with a mortgage and 29.8% 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 108, Old Heath Road, Colchester, 22.3% of residents are recorded as possessing school level qualifications and 30.6% 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 108, Old Heath Road, Colchester, the average age was 40 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 108, Old Heath Road, Colchester, 0.6% 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 108, Old Heath Road, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.