According to the public record, 162, Hythe Hill, Colchester is a modern freehold house with 925 ft2 of internal area and sits on a 89.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hythe Hill, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
162, Hythe Hill, Colchester has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated September 2022.
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 162 Hythe Hill Colchester as £280,290 and the rental value as £1,289 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 162 Hythe Hill Colchester has decreased by £3,048 (1.1%) and its rental value has increased by £95 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 162, Hythe Hill, Colchester is in very good condition we estimate a sale value of £294,305 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,670 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £280,290, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,378 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, 162, Hythe Hill, Colchester sits on a plot of 90m2.
We have plot size data on 10 out of 11 other houses in the postcode and 162, Hythe Hill, Colchester sits on the 9th largest plot.
According to HM Land Registry, 162, Hythe Hill, Colchester was last sold on 10 Mar 2023 for £297,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Hythe Hill, Colchester within a radius of 460 metres over the last 2 years.
The most recent example is 22, Peache Road, Colchester, CO1 2FS, a Freehold house which sold for £270,000 in Apr 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hythe Hill, Colchester, CO1 has a total of 162 addresses. According to our analysis of all the public data, 162, Hythe Hill, Colchester is the 50th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in CO1.
162, Hythe Hill, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 162, Hythe Hill, Colchester is Hythe (Essex) station which is 500 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 162, Hythe Hill, Colchester, 41.6% of property is privately rented and 24.6% 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 162, Hythe Hill, Colchester, 24.8% of residents are recorded as possessing school level qualifications and 35.5% 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 162, Hythe Hill, 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 162, Hythe Hill, Colchester, 0.4% 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 162, Hythe Hill, 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.