According to the public record, 199, Wivenhoe Road, Colchester is a modern freehold house with 2,163 ft2 of internal area and sits on a 679 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Wivenhoe Road, Alresford, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
199, Wivenhoe Road, Colchester has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated November 2021.
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 good condition, we estimate the current sale value for 199 Wivenhoe Road Colchester as £585,859 and the rental value as £2,437 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 199 Wivenhoe Road Colchester has decreased by £16,082 (2.7%) and its rental value has increased by £168 per month (6.9%).
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 199, Wivenhoe Road, Colchester is in very good condition we estimate a sale value of £615,152 and rental value of £2,559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,849 and a rental value of £2,267 per month.
If you were able to purchase this property for the estimated value of £585,859, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,879 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, 199, Wivenhoe Road, Colchester sits on a plot of 679m2.
We have plot size data on 13 out of 28 other houses in the postcode and 199, Wivenhoe Road, Colchester sits on the 12th largest plot.
According to HM Land Registry, 199, Wivenhoe Road, Colchester was last sold on 01 Aug 2022 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 199, Wivenhoe Road, Colchester within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 62, St. Andrews Close, Colchester, CO7 8BL, a Freehold house which sold for £735,000 in Feb 2023.
Read more about house prices in CO7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wivenhoe Road, Alresford, Colchester, CO7 has a total of 172 addresses. According to our analysis of all the public data, 199, Wivenhoe Road, Colchester is the 4th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £195k more expensive than the average property in CO7.
199, Wivenhoe Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2021.
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 199, Wivenhoe Road, Colchester is Alresford (Essex) 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 199, Wivenhoe Road, Colchester, 63.3% of property is privately owned outright and 32.4% 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 199, Wivenhoe Road, Colchester, 14.9% of residents are recorded as possessing school level qualifications and 22.1% 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 199, Wivenhoe Road, Colchester, the average age was 45.8 and the most common age was 72.
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 199, Wivenhoe Road, Colchester, 0.6% 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 199, Wivenhoe Road, 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.