According to the public record, 12, Oxton Close, Colchester is a modern leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oxton Close, Rowhedge, Colchester, CO5 is located in the borough of Colchester within the CO5 postal district.
12, Oxton Close, Colchester has 31 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated March 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 Oxton Close Colchester as £185,507 and the rental value as £1,010 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 12 Oxton Close Colchester has increased by £833 (0.4%) and its rental value has increased by £91 per month (9.0%).
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, Oxton Close, Colchester is in very good condition we estimate a sale value of £194,782 and rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,522 and a rental value of £939 per month.
If you were able to purchase this property for the estimated value of £185,507, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £912 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, Oxton Close, Colchester was last sold on 12 May 2016 for £141,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2016, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Oxton Close, Colchester within a radius of 71m over the last 2 years.
The most recent example is 29, Oxton Close, Colchester, CO5 7JN, a Leasehold flat which sold for £200,000 in Nov 2022.
Read more about house prices in CO5.
Oxton Close, Rowhedge, Colchester, CO5 has a total of 46 addresses. According to our analysis of all the public data, 12, Oxton Close, Colchester is the 12th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in CO5.
12, Oxton Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 12, Oxton Close, Colchester is Wivenhoe station which is 600 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, Oxton Close, Colchester, 29.3% of property is privately owned with a mortgage and 29.3% 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, Oxton Close, Colchester, 18.6% of residents are recorded as possessing school level qualifications and 41.4% 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, Oxton Close, Colchester, the average age was 40 and the most common age was 32.
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, Oxton Close, Colchester, 1.5% 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, Oxton Close, 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.