According to the public record, 157, Maldon Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,357 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Maldon Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
157, Maldon Road, Colchester has a single entry in the Land Registry database from September 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 157 Maldon Road Colchester as £850,056 and the rental value as £2,727 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 157 Maldon Road Colchester has decreased by £17,881 (2.1%) and its rental value has increased by £147 per month (5.4%).
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 157, Maldon Road, Colchester is in very good condition we estimate a sale value of £892,558 and rental value of £2,863 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £790,552 and a rental value of £2,536 per month.
If you were able to purchase this property for the estimated value of £850,056, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,178 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, 157, Maldon Road, Colchester was last sold on 29 Sep 2006 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 157, Maldon Road, Colchester within a radius of 560 metres over the last 2 years.
The most recent example is 23, Ireton Road, Colchester, CO3 3AT, a Freehold house which sold for £995,000 in Aug 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maldon Road, Colchester, CO3 has a total of 344 addresses. According to our analysis of all the public data, 157, Maldon Road, Colchester is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £476k more expensive than the average property in CO3.
The closest station to 157, Maldon Road, Colchester is Colchester Town station which is 1.4 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 157, Maldon Road, Colchester, 42.9% of property is privately owned outright and 36.4% 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 157, Maldon Road, Colchester, 23.0% of residents are recorded as possessing school level qualifications and 56.0% 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 157, Maldon Road, Colchester, the average age was 37.4 and the most common age was 47.
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 157, Maldon Road, Colchester, 3.3% 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 157, Maldon Road, 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.