According to the public record, 167, Lexden Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,268 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lexden Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
167, Lexden Road, Colchester has 21 entries in the Land Registry database, most recently in January 2007 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 167 Lexden Road Colchester as £452,426 and the rental value as £1,738 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 167 Lexden Road Colchester has decreased by £5,019 (1.1%) and its rental value has increased by £64 per month (3.7%).
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 167, Lexden Road, Colchester is in very good condition we estimate a sale value of £475,047 and rental value of £1,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,756 and a rental value of £1,616 per month.
If you were able to purchase this property for the estimated value of £452,426, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,224 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, 167, Lexden Road, Colchester was last sold on 18 Jan 2007 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 61.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 167, Lexden Road, Colchester within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 2, Herrick Place, Colchester, CO3 4HP, a Freehold house which sold for £415,000 in Apr 2024.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lexden Road, Colchester, CO3 has a total of 218 addresses. According to our analysis of all the public data, 167, Lexden Road, Colchester is the 127th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in CO3.
The closest station to 167, Lexden Road, Colchester is Colchester station which is 2.1 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 167, Lexden Road, Colchester, 49.6% of property is privately owned outright and 26.4% is privately 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 167, Lexden Road, Colchester, 9.1% of residents are recorded as possessing school level qualifications and 44.7% 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 167, Lexden Road, 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 167, Lexden Road, Colchester, 1.3% 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 167, Lexden 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.