According to the public record, 2, Blackwater Avenue, Colchester is a mid-century freehold house with 1,162 ft2 of internal area and sits on a 284 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Blackwater Avenue, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
2, Blackwater Avenue, Colchester has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated July 2017.
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 Blackwater Avenue Colchester as £360,123 and the rental value as £1,617 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Blackwater Avenue Colchester has decreased by £7,079 (2.0%) and its rental value has increased by £58 per month (3.6%).
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, Blackwater Avenue, Colchester is in very good condition we estimate a sale value of £378,129 and rental value of £1,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,915 and a rental value of £1,504 per month.
If you were able to purchase this property for the estimated value of £360,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,770 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, Blackwater Avenue, Colchester sits on a plot of 284m2.
We have plot size data on 14 out of 33 other houses in the postcode and 2, Blackwater Avenue, Colchester sits on the 8th largest plot.
According to HM Land Registry, 2, Blackwater Avenue, Colchester was last sold on 08 Dec 2017 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Blackwater Avenue, Colchester within a radius of 720 metres over the last 2 years.
The most recent example is 34, Roach Vale, Colchester, CO4 3YN, a Freehold house which sold for £305,000 in Jan 2022.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blackwater Avenue, Colchester, CO4 has a total of 33 addresses. According to our analysis of all the public data, 2, Blackwater Avenue, Colchester is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in CO4.
2, Blackwater Avenue, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2017.
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, Blackwater Avenue, Colchester is Hythe (Essex) station which is 1.8 kilometres 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, Blackwater Avenue, Colchester, 61.1% of property is privately owned outright and 30.5% 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, Blackwater Avenue, Colchester, 10.6% of residents are recorded as possessing school level qualifications and 46.3% 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, Blackwater Avenue, Colchester, the average age was 43 and the most common age was 52.
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, Blackwater Avenue, Colchester, 0.3% 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, Blackwater Avenue, Colchester, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.