According to the public record, 2, Della Court, Colchester is a mid-century leasehold apartment and with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Della Court, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
2, Della Court, Colchester has 21 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated May 2013.
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 Della Court Colchester as £215,426 and the rental value as £951 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2 Della Court Colchester has increased by £2,233 (1.0%) and its rental value has increased by £83 per month (8.8%).
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, Della Court, Colchester is in very good condition we estimate a sale value of £226,197 and rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,346 and a rental value of £884 per month.
If you were able to purchase this property for the estimated value of £215,426, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,059 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 HM Land Registry, 2, Della Court, Colchester was last sold on 09 Jan 2015 for £124,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2015, the market for similar properties has risen 31.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Della Court, Colchester within a radius of 224m over the last 2 years.
The most recent example is 7, Orchard Court, Sussex Road, Colchester, CO3 3QY, a Leasehold flat which sold for £182,000 in Feb 2024.
Read more about house prices in CO3.
Della Court, Colchester, CO3 has a total of 4 addresses. According to our analysis of all the public data, 2, Della Court, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in CO3.
2, Della Court, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2013.
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, Della Court, Colchester is Colchester Town station which is 1.5 km 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, Della Court, Colchester, 34.0% of property is privately rented and 32.7% 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, Della Court, Colchester, 22.4% of residents are recorded as possessing school level qualifications and 49.7% 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, Della Court, 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, Della Court, 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 2, Della Court, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.