According to the public record, 2, Arthur Street, Colchester is a period freehold house with 482 ft2 of internal area and sits on a 73 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Arthur Street, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
2, Arthur Street, Colchester has 21 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated July 2011.
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 2 Arthur Street Colchester as £171,990 and the rental value as £910 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 Arthur Street Colchester has decreased by £1,015 (0.6%) and its rental value has increased by £69 per month (7.6%).
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, Arthur Street, Colchester is in very good condition we estimate a sale value of £180,589 and rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,951 and a rental value of £846 per month.
If you were able to purchase this property for the estimated value of £171,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £845 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, Arthur Street, Colchester sits on a plot of 73m2.
According to HM Land Registry, 2, Arthur Street, Colchester was last sold on 30 Aug 2019 for £145,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Arthur Street, Colchester within a radius of 420 metres over the last 2 years.
The most recent example is 11, Shrubland Road, Colchester, CO2 7EL, a Freehold house which sold for £148,000 in May 2019.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arthur Street, Colchester, CO2 has a total of 5 addresses. According to our analysis of all the public data, 2, Arthur Street, Colchester is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in CO2.
2, Arthur Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2011.
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 2, Arthur Street, Colchester is Colchester Town station which is 100 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, Arthur Street, Colchester, 50.4% of property is privately rented and 40.2% is privately owned outright.
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, Arthur Street, Colchester, 13.0% of residents are recorded as possessing school level qualifications and 35.7% 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, Arthur Street, 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 2, Arthur Street, Colchester, 0.5% 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, Arthur Street, Colchester, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.