According to the public record, 23, Shakespeare Road, Colchester is a mid-century freehold house with 764 ft2 of internal area and sits on a 445 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Shakespeare Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
23, Shakespeare Road, Colchester has 21 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated October 2017.
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 23 Shakespeare Road Colchester as £345,556 and the rental value as £1,415 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 23 Shakespeare Road Colchester has decreased by £1,674 (0.5%) and its rental value has increased by £62 per month (4.4%).
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 23, Shakespeare Road, Colchester is in very good condition we estimate a sale value of £362,833 and rental value of £1,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,367 and a rental value of £1,316 per month.
If you were able to purchase this property for the estimated value of £345,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,698 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, 23, Shakespeare Road, Colchester sits on a plot of 445m2.
We have plot size data on 3 out of 9 other houses in the postcode and 23, Shakespeare Road, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 23, Shakespeare Road, Colchester was last sold on 18 Dec 2017 for £277,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Shakespeare Road, Colchester within a radius of 680 metres over the last 2 years.
The most recent example is 21, Chaucer Way, Colchester, CO3 4HA, a Freehold house which sold for £335,000 in Aug 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shakespeare Road, Colchester, CO3 has a total of 56 addresses. According to our analysis of all the public data, 23, Shakespeare Road, Colchester is the 48th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CO3.
23, Shakespeare Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Oct 2017.
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 23, Shakespeare Road, Colchester is Colchester station which is 2.9 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 23, Shakespeare Road, Colchester, 61.4% of property is privately owned outright and 29.1% is privately owned with a mortgage.
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 23, Shakespeare Road, Colchester, 18.4% of residents are recorded as possessing school level qualifications and 37.3% 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 23, Shakespeare Road, Colchester, the average age was 43.4 and the most common age was 52.
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 23, Shakespeare Road, Colchester, 1.0% 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 23, Shakespeare Road, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.