According to the public record, 19, Grosvenor Place, Colchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 544 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Grosvenor Place, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
19, Grosvenor Place, Colchester has 3 entries in the Land Registry database, most recently in March 2017 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 19 Grosvenor Place Colchester as £182,568 and the rental value as £893 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 19 Grosvenor Place Colchester has increased by £1,745 (1.0%) and its rental value has increased by £81 per month (9.1%).
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 19, Grosvenor Place, Colchester is in very good condition we estimate a sale value of £191,696 and rental value of £938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,788 and a rental value of £831 per month.
If you were able to purchase this property for the estimated value of £182,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £897 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, 19, Grosvenor Place, Colchester was last sold on 31 Mar 2017 for £182,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2017, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Grosvenor Place, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 25, Grosvenor Place, Colchester, CO1 2ZD, a Leasehold flat which sold for £150,000 in Sep 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grosvenor Place, Colchester, CO1 has a total of 51 addresses. According to our analysis of all the public data, 19, Grosvenor Place, Colchester is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in CO1.
The closest station to 19, Grosvenor Place, Colchester is Colchester Town station which is 900 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 19, Grosvenor Place, Colchester, 50.9% of property is privately rented and 23.2% 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 19, Grosvenor Place, Colchester, 24.9% of residents are recorded as possessing school level qualifications and 45.4% 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 19, Grosvenor Place, 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 19, Grosvenor Place, Colchester, 2.7% 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 19, Grosvenor Place, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.