According to the public record, 12, John Ball Walk, Colchester is a mid-century leasehold apartment with 515 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
John Ball Walk, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
12, John Ball Walk, Colchester has a single entry in the Land Registry database from September 2013 and a single entry in the EPC database dated July 2013.
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 John Ball Walk Colchester as £141,367 and the rental value as £859 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 12 John Ball Walk Colchester has increased by £801 (0.6%) and its rental value has increased by £76 per month (8.9%).
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 12, John Ball Walk, Colchester is in very good condition we estimate a sale value of £148,435 and rental value of £902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,471 and a rental value of £799 per month.
If you were able to purchase this property for the estimated value of £141,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £695 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, 12, John Ball Walk, Colchester was last sold on 06 Sep 2013 for £91,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2013, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, John Ball Walk, Colchester within a radius of 470 metres over the last 2 years.
The most recent example is Flat 11, Claudius Court, St. Peters Street, Colchester, CO1 1EQ, a Leasehold flat which sold for £145,000 in Sep 2021.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
John Ball Walk, Colchester, CO1 has a total of 10 addresses. According to our analysis of all the public data, 12, John Ball Walk, Colchester is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in CO1.
12, John Ball Walk, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 12, John Ball Walk, Colchester is Colchester Town station which is 700 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 12, John Ball Walk, Colchester, 41.1% of property is privately rented and 21.3% 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, John Ball Walk, Colchester, 16.0% of residents are recorded as possessing school level qualifications and 44.9% 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, John Ball Walk, Colchester, the average age was 40 and the most common age was 27.
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, John Ball Walk, Colchester, 0.8% 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, John Ball Walk, 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.