According to the public record, 11, Fairfax Road, Colchester is a period freehold house and with 947 ft2 of internal area and sits on a 71.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairfax Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
11, Fairfax Road, Colchester has 31 entries in the Land Registry database, most recently in May 2022 and 3 entries in the EPC database, most recently in October 2021.
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 11 Fairfax Road Colchester as £247,932 and the rental value as £1,239 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 11 Fairfax Road Colchester has decreased by £2,367 (1.0%) and its rental value has increased by £97 per month (7.8%).
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 11, Fairfax Road, Colchester is in very good condition we estimate a sale value of £260,328 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,577 and a rental value of £1,153 per month.
If you were able to purchase this property for the estimated value of £247,932, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,219 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, 11, Fairfax Road, Colchester sits on a plot of 72m2.
We have plot size data on 26 out of 36 other houses in the postcode and 11, Fairfax Road, Colchester sits on the 16th largest plot.
According to HM Land Registry, 11, Fairfax Road, Colchester was last sold on 27 May 2022 for £280,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Fairfax Road, Colchester within a radius of 88m over the last 2 years.
The most recent example is 39, Cromwell Road, Colchester, CO2 7EN, a Freehold house which sold for £270,500 in Nov 2023.
Read more about house prices in CO2.
Fairfax Road, Colchester, CO2 has a total of 54 addresses. According to our analysis of all the public data, 11, Fairfax Road, Colchester is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in CO2.
11, Fairfax Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 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 11, Fairfax Road, Colchester is Colchester Town station which is 300 m 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 11, Fairfax Road, Colchester, 58.7% of property is privately rented and 16.4% 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 11, Fairfax Road, Colchester, 23.9% of residents are recorded as possessing school level qualifications and 32.7% 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 11, Fairfax 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 11, Fairfax 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 11, Fairfax Road, 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.