According to the public record, 12, Thompson Avenue, Colchester is a mid-century freehold house with 678 ft2 of internal area and sits on a 500 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thompson Avenue, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
12, Thompson Avenue, Colchester has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated August 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 Thompson Avenue Colchester as £315,171 and the rental value as £1,346 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 12 Thompson Avenue Colchester has decreased by £1,527 (0.5%) and its rental value has increased by £59 per month (4.4%).
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, Thompson Avenue, Colchester is in very good condition we estimate a sale value of £330,930 and rental value of £1,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,109 and a rental value of £1,252 per month.
If you were able to purchase this property for the estimated value of £315,171, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,549 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, Thompson Avenue, Colchester sits on a plot of 500m2.
We have plot size data on 22 out of 34 other houses in the postcode and 12, Thompson Avenue, Colchester sits on the 4th largest plot.
According to HM Land Registry, 12, Thompson Avenue, Colchester was last sold on 01 Nov 2013 for £199,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 54.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Thompson Avenue, Colchester within a radius of 680 metres over the last 2 years.
The most recent example is 4, Shakespeare Road, Colchester, CO3 4HH, a Freehold house which sold for £308,000 in Aug 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thompson Avenue, Colchester, CO3 has a total of 53 addresses. According to our analysis of all the public data, 12, Thompson Avenue, Colchester is the 38th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in CO3.
12, Thompson Avenue, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2013.
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, Thompson Avenue, Colchester is Colchester station which is 2.8 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, Thompson Avenue, Colchester, 66.1% of property is privately owned outright and 21.7% 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, Thompson Avenue, Colchester, 15.5% of residents are recorded as possessing school level qualifications and 31.6% 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, Thompson 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, Thompson Avenue, Colchester, 1.6% 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, Thompson Avenue, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.