According to the public record, 20, Myrtle Grove, Colchester is a period freehold house with 998 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Myrtle Grove, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
20, Myrtle Grove, Colchester has 71 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated June 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 20 Myrtle Grove Colchester as £270,065 and the rental value as £1,286 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 20 Myrtle Grove Colchester has decreased by £2,662 (1.0%) and its rental value has increased by £101 per month (7.9%).
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, Myrtle Grove, Colchester is in very good condition we estimate a sale value of £283,568 and rental value of £1,350 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,160 and a rental value of £1,196 per month.
If you were able to purchase this property for the estimated value of £270,065, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,327 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, 20, Myrtle Grove, Colchester sits on a plot of 129m2.
We have plot size data on 16 out of 21 other houses in the postcode and 20, Myrtle Grove, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 20, Myrtle Grove, Colchester was last sold on 07 Oct 2020 for £235,000 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since Oct 2020, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Myrtle Grove, Colchester within a radius of 400 metres over the last 2 years.
The most recent example is 16, Myrtle Grove, Colchester, CO2 7LG, a Freehold house which sold for £275,000 in May 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Myrtle Grove, Colchester, CO2 has a total of 21 addresses. According to our analysis of all the public data, 20, Myrtle Grove, Colchester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in CO2.
20, Myrtle Grove, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 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 20, Myrtle Grove, Colchester is Colchester Town station which is 800 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 20, Myrtle Grove, Colchester, 36.7% of property is privately rented and 26.6% is socially 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, Myrtle Grove, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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, Myrtle Grove, Colchester, the average age was 33.3 and the most common age was 22.
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, Myrtle Grove, 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, Myrtle Grove, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.