According to the public record, 2 The Sergeants Mess, Colchester is a modern freehold house with 1,323 ft2 of internal area and sits on a 236 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Le Cateau Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
2 The Sergeants Mess, Colchester has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated February 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 2 The Sergeants Mess Colchester as £465,222 and the rental value as £1,513 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 2 The Sergeants Mess Colchester has decreased by £7,940 (1.7%) and its rental value has increased by £103 per month (6.8%).
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 2 The Sergeants Mess, Colchester is in very good condition we estimate a sale value of £488,483 and rental value of £1,589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,656 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £465,222, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,286 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, 2 The Sergeants Mess, Colchester sits on a plot of 236m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2 The Sergeants Mess, Colchester sits on the 5th largest plot.
According to HM Land Registry, 2 The Sergeants Mess, Colchester was last sold on 15 Jun 2021 for £445,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Sergeants Mess, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 8 The Sergeants Mess, Le Cateau Road, Colchester, CO2 7TD, a Freehold house which sold for £499,995 in Jan 2022.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Le Cateau Road, Colchester, CO2 has a total of 17 addresses. According to our analysis of all the public data, 2 The Sergeants Mess, Colchester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £203k more expensive than the average property in CO2.
2 The Sergeants Mess, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 2 The Sergeants Mess, Colchester is Colchester Town station which is 700 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 2 The Sergeants Mess, Colchester, 61.7% of property is privately owned outright and 26.7% 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 2 The Sergeants Mess, Colchester, 13.1% of residents are recorded as possessing school level qualifications and 35.2% 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 2 The Sergeants Mess, Colchester, the average age was 37.4 and the most common age was 47.
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 2 The Sergeants Mess, Colchester, 2.0% 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 2 The Sergeants Mess, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.