According to the public record, 12, Arnold Drive, Colchester is a mid-century freehold house and with 1,054 ft2 of internal area and sits on a 205 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Arnold Drive, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
12, Arnold Drive, Colchester has 21 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated May 2022.
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 12 Arnold Drive Colchester as £267,111 and the rental value as £1,325 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 12 Arnold Drive Colchester has decreased by £1,934 (0.7%) and its rental value has increased by £94 per month (7.1%).
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 12, Arnold Drive, Colchester is in very good condition we estimate a sale value of £280,467 and rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,413 and a rental value of £1,232 per month.
If you were able to purchase this property for the estimated value of £267,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,313 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, 12, Arnold Drive, Colchester sits on a plot of 205m2.
We have plot size data on 9 out of 11 other houses in the postcode and 12, Arnold Drive, Colchester sits on the 6th largest plot.
According to HM Land Registry, 12, Arnold Drive, Colchester was last sold on 14 Apr 2023 for £268,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Arnold Drive, Colchester within a radius of 384m over the last 2 years.
The most recent example is 13, Howe Close, Colchester, CO4 3XD, a Freehold house which sold for £285,200 in Sep 2023.
Read more about house prices in CO4.
Arnold Drive, Colchester, CO4 has a total of 25 addresses. According to our analysis of all the public data, 12, Arnold Drive, Colchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in CO4.
12, Arnold Drive, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2022.
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 12, Arnold Drive, Colchester is Hythe (Essex) station which is 500 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 12, Arnold Drive, Colchester, 63.6% of property is socially rented and 19.5% 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 12, Arnold Drive, Colchester, 42.4% of residents are recorded as possessing school level qualifications and 18.0% 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 12, Arnold Drive, Colchester, the average age was 32.8 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 12, Arnold Drive, Colchester, 0.3% 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 12, Arnold Drive, Colchester, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.