According to the public record, 17, Glen Avenue, Colchester is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 798 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Glen Avenue, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
17, Glen Avenue, Colchester has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated July 2013.
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 Glen Avenue Colchester as £524,345 and the rental value as £1,757 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 17 Glen Avenue Colchester has decreased by £8,972 (1.7%) and its rental value has increased by £70 per month (4.0%).
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, Glen Avenue, Colchester is in very good condition we estimate a sale value of £550,563 and rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,641 and a rental value of £1,634 per month.
If you were able to purchase this property for the estimated value of £524,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,577 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, Glen Avenue, Colchester sits on a plot of 798m2.
We have plot size data on 12 out of 13 other houses in the postcode and 17, Glen Avenue, Colchester sits on the 8th largest plot.
According to HM Land Registry, 17, Glen Avenue, Colchester was last sold on 05 Feb 2021 for £690,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Glen Avenue, Colchester within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 22, Elianore Road, Colchester, CO3 3RX, a Freehold house which sold for £366,000 in Feb 2021.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glen Avenue, Colchester, CO3 has a total of 24 addresses. According to our analysis of all the public data, 17, Glen Avenue, Colchester is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in CO3.
17, Glen Avenue, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jul 2013.
The property is connected to mains gas and has mostly secondary glazing. It is heated using electric storage heaters.
The closest station to 17, Glen Avenue, Colchester is Colchester station which is 1.8 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 17, Glen Avenue, Colchester, 46.0% of property is privately owned with a mortgage and 39.5% 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 17, Glen Avenue, Colchester, 23.1% of residents are recorded as possessing school level qualifications and 48.4% 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, Glen Avenue, 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 17, Glen Avenue, Colchester, 0.7% 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, Glen Avenue, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.