According to the public record, 109, Military Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 906 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Military Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
109, Military Road, Colchester has 31 entries in the Land Registry database, most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 109 Military Road Colchester as £242,668 and the rental value as £1,225 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 109 Military Road Colchester has decreased by £2,392 (1.0%) and its rental value has increased by £96 per month (7.9%).
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 109, Military Road, Colchester is in very good condition we estimate a sale value of £254,801 and rental value of £1,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,681 and a rental value of £1,139 per month.
If you were able to purchase this property for the estimated value of £242,668, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,193 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, 109, Military Road, Colchester was last sold on 15 Jun 2007 for £148,900 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has risen 48.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 109, Military Road, Colchester within a radius of 400 metres over the last 2 years.
The most recent example is 23, Granville Road, Colchester, CO1 2ED, a Freehold house which sold for £242,000 in Jan 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Military Road, Colchester, CO1 has a total of 259 addresses. According to our analysis of all the public data, 109, Military Road, Colchester is the 63rd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in CO1.
The closest station to 109, Military Road, Colchester is Colchester Town station which is 900 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 109, Military Road, Colchester, 37.5% of property is privately owned with a mortgage and 32.4% is privately rented.
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 109, Military Road, Colchester, 22.8% of residents are recorded as possessing school level qualifications and 40.1% 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 109, Military Road, 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 109, Military 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 109, Military Road, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.