According to the public record, 162, Maldon Road, Colchester is a period freehold house with 1,969 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Maldon Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
162, Maldon Road, Colchester has 2 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated May 2016.
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 Maldon Road Colchester as £667,299 and the rental value as £2,140 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 162 Maldon Road Colchester has decreased by £14,036 (2.1%) and its rental value has increased by £115 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 162, Maldon Road, Colchester is in very good condition we estimate a sale value of £700,664 and rental value of £2,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £620,588 and a rental value of £1,991 per month.
If you were able to purchase this property for the estimated value of £667,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,280 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, Maldon Road, Colchester sits on a plot of 341m2.
We have plot size data on 14 out of 20 other houses in the postcode and 162, Maldon Road, Colchester sits on the 11th largest plot.
According to HM Land Registry, 162, Maldon Road, Colchester was last sold on 04 Dec 2015 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Maldon Road, Colchester within a radius of 520 metres over the last 2 years.
The most recent example is 3, Honywood Road, Colchester, CO3 3AS, a Freehold house which sold for £700,000 in May 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, 162, Maldon Road, Colchester is the 41st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £293k more expensive than the average property in CO3.
162, Maldon Road, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 May 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 162, Maldon Road, Colchester is Colchester Town station which is 1.3 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 162, Maldon Road, Colchester, 46.0% of property is privately owned with a mortgage and 38.7% is privately owned outright.
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, Maldon Road, Colchester, 25.7% of residents are recorded as possessing school level qualifications and 59.0% 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 162, 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 162, Maldon Road, 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 162, Maldon Road, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.