According to the public record, 24, Emperor Road, Colchester is a modern leasehold house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Emperor Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
24, Emperor Road, Colchester has 2 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated October 2016.
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 24 Emperor Road Colchester as £253,231 and the rental value as £1,211 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Emperor Road Colchester has decreased by £2,418 (1.0%) and its rental value has increased by £95 per month (7.8%).
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 24, Emperor Road, Colchester is in very good condition we estimate a sale value of £265,893 and rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,505 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £253,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,245 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 HM Land Registry, 24, Emperor Road, Colchester was last sold on 06 Jan 2020 for £225,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Emperor Road, Colchester within a radius of 470 metres over the last 2 years.
The most recent example is 6, Emperor Road, Colchester, CO2 7NW, a Leasehold house which sold for £250,000 in Sep 2022.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Emperor Road, Colchester, CO2 has a total of 29 addresses. According to our analysis of all the public data, 24, Emperor Road, Colchester is the 15th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in CO2.
24, Emperor Road, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Oct 2016.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler & underfloor, electric.
The closest station to 24, Emperor Road, Colchester is Colchester Town station which is 300 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 24, Emperor Road, Colchester, 41.7% of property is privately rented and 38.1% 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 24, Emperor Road, Colchester, 17.7% of residents are recorded as possessing school level qualifications and 46.7% 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 24, Emperor Road, 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 24, Emperor Road, Colchester, 0.5% 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 24, Emperor Road, 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.