According to the public record, 22, Wheatfield Road, Colchester is a modern freehold house with 1,194 ft2 of internal area and sits on a 462 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wheatfield Road, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
22, Wheatfield Road, Colchester has 21 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated August 2023.
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 22 Wheatfield Road Colchester as £429,829 and the rental value as £1,743 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 22 Wheatfield Road Colchester has decreased by £3,906 (0.9%) and its rental value has increased by £68 per month (3.9%).
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 22, Wheatfield Road, Colchester is in very good condition we estimate a sale value of £451,321 and rental value of £1,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,741 and a rental value of £1,621 per month.
If you were able to purchase this property for the estimated value of £429,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,112 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, 22, Wheatfield Road, Colchester sits on a plot of 462m2.
We have plot size data on 15 out of 23 other houses in the postcode and 22, Wheatfield Road, Colchester sits on the 12th largest plot.
According to HM Land Registry, 22, Wheatfield Road, Colchester was last sold on 05 Dec 2023 for £418,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Wheatfield Road, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 46, Barley Way, Colchester, CO3 0YD, a Freehold house which sold for £395,000 in Feb 2024.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatfield Road, Stanway, Colchester, CO3 has a total of 74 addresses. According to our analysis of all the public data, 22, Wheatfield Road, Colchester is the 38th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in CO3.
22, Wheatfield Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2023.
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 22, Wheatfield Road, Colchester is Colchester station which is 4.0 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 22, Wheatfield Road, Colchester, 37.5% of property is socially rented and 31.3% 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 22, Wheatfield Road, Colchester, 20.1% of residents are recorded as possessing school level qualifications and 27.9% 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 22, Wheatfield Road, 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 22, Wheatfield Road, Colchester, 1.1% 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 22, Wheatfield Road, 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.