According to the public record, 234, Maldon Road, Colchester is a period freehold house with 1,399 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Maldon Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
234, Maldon Road, Colchester has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated May 2019.
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 234 Maldon Road Colchester as £480,834 and the rental value as £1,748 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 234 Maldon Road Colchester has decreased by £7,292 (1.5%) and its rental value has increased by £91 per month (5.2%).
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 234, Maldon Road, Colchester is in very good condition we estimate a sale value of £504,876 and rental value of £1,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,176 and a rental value of £1,626 per month.
If you were able to purchase this property for the estimated value of £480,834, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,363 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, 234, Maldon Road, Colchester sits on a plot of 392m2.
We have plot size data on 12 out of 20 other houses in the postcode and 234, Maldon Road, Colchester sits on the 5th largest plot.
According to HM Land Registry, 234, Maldon Road, Colchester was last sold on 28 Jan 2022 for £495,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 234, Maldon Road, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 19, Athelstan Road, Colchester, CO3 3TN, a Freehold house which sold for £507,500 in Nov 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maldon Road, Colchester, CO3 has a total of 344 addresses. According to our analysis of all the public data, 234, Maldon Road, Colchester is the 108th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in CO3.
234, Maldon Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 234, Maldon Road, Colchester is Colchester Town station which is 1.7 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 234, Maldon Road, Colchester, 46.2% of property is privately owned outright and 41.2% 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 234, Maldon Road, Colchester, 24.6% of residents are recorded as possessing school level qualifications and 55.7% 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 234, Maldon Road, Colchester, the average age was 37.4 and the most common age was 47.
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 234, Maldon Road, Colchester, 0.3% 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 234, Maldon 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.