14, Scott Drive, Colchester has a single entry in the Land Registry database from April 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
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 14, Scott Drive, Colchester is in very good condition we estimate a sale value of £664,988 and rental value of £2,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £588,989 and a rental value of £1,863 per month.
If you were able to purchase this property for the estimated value of £633,322, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,113 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, 14, Scott Drive, Colchester was last sold on 02 Apr 2020 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2020, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Scott Drive, Colchester within a radius of 630 metres over the last 2 years.
The most recent example is 9, Scott Drive, Colchester, CO3 4JD, a Freehold house which sold for £710,000 in Aug 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scott Drive, Colchester, CO3 has a total of 16 addresses. According to our analysis of all the public data, 14, Scott Drive, Colchester is the 8th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £259k more expensive than the average property in CO3.
According to the public record, 14, Scott Drive, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,722 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Scott Drive, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Scott Drive Colchester as £633,322 and the rental value as £2,004 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 14 Scott Drive Colchester has decreased by £7,026 (1.1%) and its rental value has increased by £74 per month (3.7%).
The closest station to 14, Scott Drive, 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 14, Scott Drive, 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 14, Scott Drive, 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 14, Scott Drive, 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 14, Scott Drive, 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 14, Scott Drive, 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.