According to the public record, 12, Burns Avenue, Colchester is a mid-century freehold house with 1,345 ft2 of internal area and sits on a 540 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Burns Avenue, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
12, Burns Avenue, Colchester has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated February 2016.
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 Burns Avenue Colchester as £513,748 and the rental value as £1,816 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 12 Burns Avenue Colchester has decreased by £5,700 (1.1%) and its rental value has increased by £67 per month (3.7%).
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, Burns Avenue, Colchester is in very good condition we estimate a sale value of £539,435 and rental value of £1,907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,785 and a rental value of £1,689 per month.
If you were able to purchase this property for the estimated value of £513,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,525 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, Burns Avenue, Colchester sits on a plot of 540m2.
We have plot size data on 10 out of 19 other houses in the postcode and 12, Burns Avenue, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 12, Burns Avenue, Colchester was last sold on 18 Nov 2016 for £330,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Burns Avenue, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 17, Cherrywood Drive, Colchester, CO3 4LU, a Freehold house which sold for £603,000 in Aug 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burns Avenue, Colchester, CO3 has a total of 19 addresses. According to our analysis of all the public data, 12, Burns Avenue, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £140k more expensive than the average property in CO3.
12, Burns Avenue, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Feb 2016.
The property is connected to mains gas and has mostly multiple glazing. It is heated using a boiler and radiators.
The closest station to 12, Burns Avenue, Colchester is Colchester station which is 3.0 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 12, Burns Avenue, Colchester, 61.4% of property is privately owned outright and 29.1% 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 12, Burns Avenue, Colchester, 18.4% of residents are recorded as possessing school level qualifications and 37.3% 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 12, Burns Avenue, Colchester, the average age was 43.4 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 12, Burns Avenue, Colchester, 1.0% 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 12, Burns Avenue, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.