According to the public record, 19, Myrtle Grove, Colchester is a period freehold house with 667 ft2 of internal area and sits on a 115 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Myrtle Grove, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
19, Myrtle Grove, Colchester has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated October 2014.
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 19 Myrtle Grove Colchester as £219,904 and the rental value as £1,128 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 19 Myrtle Grove Colchester has decreased by £2,168 (1.0%) and its rental value has increased by £89 per month (7.9%).
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, Myrtle Grove, Colchester is in very good condition we estimate a sale value of £230,899 and rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,510 and a rental value of £1,049 per month.
If you were able to purchase this property for the estimated value of £219,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,081 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, 19, Myrtle Grove, Colchester sits on a plot of 115m2.
We have plot size data on 16 out of 21 other houses in the postcode and 19, Myrtle Grove, Colchester sits on the 6th largest plot.
According to HM Land Registry, 19, Myrtle Grove, Colchester was last sold on 12 May 2022 for £237,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Myrtle Grove, Colchester within a radius of 400 metres over the last 2 years.
The most recent example is 32, Winchester Road, Colchester, CO2 7LH, a Freehold house which sold for £240,000 in Aug 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Myrtle Grove, Colchester, CO2 has a total of 21 addresses. According to our analysis of all the public data, 19, Myrtle Grove, Colchester is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in CO2.
19, Myrtle Grove, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 19, Myrtle Grove, Colchester is Colchester Town station which is 800 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, Myrtle Grove, Colchester, 36.7% of property is privately rented and 26.6% is socially 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 19, Myrtle Grove, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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, Myrtle Grove, 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 19, Myrtle Grove, 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 19, Myrtle Grove, 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.