According to the public record, 13, Albarn Court 12, Colchester is a modern leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Albarn Court, Londinium Road, Colchester, CO2.
Londinium Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
13, Albarn Court 12, Colchester has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated September 2017.
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 13 Albarn Court 12 Colchester as £259,432 and the rental value as £1,192 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 13 Albarn Court 12 Colchester has increased by £4,675 (1.8%) and its rental value has increased by £129 per month (10.8%).
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 13, Albarn Court 12, Colchester is in very good condition we estimate a sale value of £272,404 and rental value of £1,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,272 and a rental value of £1,108 per month.
If you were able to purchase this property for the estimated value of £259,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,275 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, 13, Albarn Court 12, Colchester was last sold on 06 Oct 2017 for £219,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Albarn Court 12, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is 6 Lieutenant House, Meeanee Mews, Colchester, CO2 7LE, a Leasehold flat which sold for £270,000 in Mar 2024.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Londinium Road, Colchester, CO2 has a total of 88 addresses. According to our analysis of all the public data, 13, Albarn Court 12, Colchester is the 13th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in CO2.
13, Albarn Court 12, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 13, Albarn Court 12, Colchester is Colchester Town station which is 400 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 13, Albarn Court 12, Colchester, 46.9% of property is privately rented and 32.9% 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 13, Albarn Court 12, Colchester, 15.7% of residents are recorded as possessing school level qualifications and 42.3% 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 13, Albarn Court 12, Colchester, the average age was 33.3 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 13, Albarn Court 12, Colchester, 1.1% 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 13, Albarn Court 12, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.