According to the public record, 20, Charles Court, Colchester is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Charles Court, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
20, Charles Court, Colchester has 31 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated February 2020.
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 20 Charles Court Colchester as £144,258 and the rental value as £885 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 20 Charles Court Colchester has increased by £2,295 (1.6%) and its rental value has increased by £58 per month (6.5%).
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 20, Charles Court, Colchester is in very good condition we estimate a sale value of £151,470 and rental value of £929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,159 and a rental value of £823 per month.
If you were able to purchase this property for the estimated value of £144,258, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £709 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, 20, Charles Court, Colchester was last sold on 30 Oct 2014 for £80,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2014, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Charles Court, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 2, Charles Court, Colchester, CO3 0YS, a Leasehold flat which sold for £140,000 in Dec 2021.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charles Court, Stanway, Colchester, CO3 has a total of 20 addresses. According to our analysis of all the public data, 20, Charles Court, Colchester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in CO3.
20, Charles Court, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 20, Charles Court, Colchester is Colchester station which is 3.8 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 20, Charles Court, Colchester, 32.9% of property is privately owned with a mortgage and 30.1% is privately rented.
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 20, Charles Court, Colchester, 13.9% of residents are recorded as possessing school level qualifications and 25.1% 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 20, Charles Court, Colchester, the average age was 41.8 and the most common age was 32.
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 20, Charles 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 20, Charles 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.