According to the public record, 18, Meander Mews, Colchester is a modern house with 1,060 ft2 of internal area and sits on a 1,599 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meander Mews, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
18, Meander Mews, Colchester has no records in the Land Registry database and a single entry in the EPC database dated January 2011.
We combine this information with public data 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 18 Meander Mews Colchester as £329,537 and the rental value as £1,428 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 18 Meander Mews Colchester has decreased by £4,104 (1.2%) and its rental value has increased by £73 per month (5.1%).
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 18, Meander Mews, Colchester is in very good condition we estimate a sale value of £346,014 and rental value of £1,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,470 and a rental value of £1,328 per month.
If you were able to purchase this property for the estimated value of £329,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,620 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, 18, Meander Mews, Colchester sits on a plot of 1599m2.
We have plot size data on 29 out of 31 other houses in the postcode and 18, Meander Mews, Colchester sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Meander Mews, Colchester within a radius of 690 metres over the last 2 years.
The most recent example is 16, River Bank Walk, Colchester, CO1 1QJ, a Freehold house which sold for £326,000 in Jan 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meander Mews, Colchester, CO1 has a total of 32 addresses. According to our analysis of all the public data, 18, Meander Mews, Colchester is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in CO1.
18, Meander Mews, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 18, Meander Mews, 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 18, Meander Mews, Colchester, 44.1% of property is privately owned outright and 28.8% 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 18, Meander Mews, Colchester, 10.5% of residents are recorded as possessing school level qualifications and 63.5% 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 18, Meander Mews, Colchester, the average age was 40 and the most common age was 27.
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 18, Meander Mews, Colchester, 0.0% 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 18, Meander Mews, 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.