According to the public record, 17, Cedars Road, Colchester is a period freehold house with 651 ft2 of internal area and sits on a 75.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Cedars Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
17, Cedars Road, Colchester has 21 entries in the Land Registry database, most recently in July 2010 and a single entry in the EPC database dated May 2010.
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 17 Cedars Road Colchester as £209,466 and the rental value as £1,075 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 17 Cedars Road Colchester has decreased by £1,513 (0.7%) and its rental value has increased by £87 per month (8.1%).
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 17, Cedars Road, Colchester is in very good condition we estimate a sale value of £219,940 and rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,804 and a rental value of £1,000 per month.
If you were able to purchase this property for the estimated value of £209,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,029 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, 17, Cedars Road, Colchester sits on a plot of 76m2.
We have plot size data on 22 out of 27 other houses in the postcode and 17, Cedars Road, Colchester sits on the 4th largest plot.
According to HM Land Registry, 17, Cedars Road, Colchester was last sold on 28 Jul 2010 for £124,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2010, the market for similar properties has risen 70.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Cedars Road, Colchester within a radius of 470 metres over the last 2 years.
The most recent example is 19, Cedars Road, Colchester, CO2 7BS, a Freehold house which sold for £225,000 in Sep 2022.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedars Road, Colchester, CO2 has a total of 29 addresses. According to our analysis of all the public data, 17, Cedars Road, Colchester is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in CO2.
17, Cedars Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2010.
The property is connected to mains gas and has partial multiple glazing. It is heated using a boiler and radiators.
The closest station to 17, Cedars Road, Colchester is Colchester Town station which is 400 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 17, Cedars Road, Colchester, 46.9% of property is privately rented and 32.9% 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 17, Cedars Road, Colchester, 15.7% of residents are recorded as possessing school level qualifications and 42.3% 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 17, Cedars Road, 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 17, Cedars Road, Colchester, 1.1% 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 17, Cedars Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.