According to the public record, 15, Falcon Crescent, Colchester is a mid-century freehold house with 849 ft2 of internal area and sits on a 91.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Falcon Crescent, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
15, Falcon Crescent, Colchester has 21 entries in the Land Registry database, most recently in August 2009 and a single entry in the EPC database dated September 2008.
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 15 Falcon Crescent Colchester as £269,715 and the rental value as £1,252 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 15 Falcon Crescent Colchester has decreased by £2,933 (1.1%) and its rental value has increased by £93 per month (7.4%).
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 15, Falcon Crescent, Colchester is in very good condition we estimate a sale value of £283,200 and rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,834 and a rental value of £1,165 per month.
If you were able to purchase this property for the estimated value of £269,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,326 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, 15, Falcon Crescent, Colchester sits on a plot of 91m2.
We have plot size data on 15 out of 24 other houses in the postcode and 15, Falcon Crescent, Colchester sits on the 13th largest plot.
According to HM Land Registry, 15, Falcon Crescent, Colchester was last sold on 28 Aug 2009 for £138,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2009, the market for similar properties has risen 77.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Falcon Crescent, Colchester within a radius of 440 metres over the last 2 years.
The most recent example is 10, Falcon Crescent, Colchester, CO1 2HR, a Freehold house which sold for £305,000 in Mar 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Crescent, Colchester, CO1 has a total of 24 addresses. According to our analysis of all the public data, 15, Falcon Crescent, Colchester is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in CO1.
15, Falcon Crescent, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2008.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 15, Falcon Crescent, Colchester is Hythe (Essex) station which is 800 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 15, Falcon Crescent, Colchester, 31.2% of property is privately owned with a mortgage and 28.0% is socially 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 15, Falcon Crescent, Colchester, 23.2% of residents are recorded as possessing school level qualifications and 28.9% 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 15, Falcon Crescent, 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 15, Falcon Crescent, Colchester, 0.3% 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 15, Falcon Crescent, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.