According to the public record, 21, Forest Road, Colchester is a mid-century freehold house with 947 ft2 of internal area and sits on a 241 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Forest Road, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
21, Forest Road, Colchester has a single entry in the Land Registry database from June 2024 and a single entry in the EPC database dated January 2015.
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 21 Forest Road Colchester as £296,736 and the rental value as £1,390 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 21 Forest Road Colchester has decreased by £958 (0.3%) and its rental value has increased by £95 per month (6.8%).
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 21, Forest Road, Colchester is in very good condition we estimate a sale value of £311,573 and rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,965 and a rental value of £1,293 per month.
If you were able to purchase this property for the estimated value of £296,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,458 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, 21, Forest Road, Colchester sits on a plot of 241m2.
We have plot size data on 17 out of 17 other houses in the postcode and 21, Forest Road, Colchester sits on the 12th largest plot.
According to HM Land Registry, 21, Forest Road, Colchester was last sold on 06 Jun 2024 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2024, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Forest Road, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 27, Forest Road, Colchester, CO4 3RP, a Freehold house which sold for £320,000 in Sep 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Colchester, CO4 has a total of 182 addresses. According to our analysis of all the public data, 21, Forest Road, Colchester is the 74th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in CO4.
21, Forest Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2015.
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 21, Forest Road, Colchester is Hythe (Essex) station which is 600 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 21, Forest Road, Colchester, 70.5% of property is socially rented and 14.0% 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 21, Forest Road, Colchester, 16.4% of residents are recorded as possessing school level qualifications and 13.4% 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 21, Forest Road, Colchester, the average age was 32.8 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 21, Forest Road, 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 21, Forest Road, Colchester, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.