According to the public record, 25, Nicholsons Grove, Colchester is a modern house with 602 ft2 of internal area and sits on a 67.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Nicholsons Grove, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
25, Nicholsons Grove, Colchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2013.
We combine this information with public data 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 25 Nicholsons Grove Colchester as £240,558 and the rental value as £1,096 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 25 Nicholsons Grove Colchester has decreased by £1,419 (0.6%) and its rental value has increased by £83 per month (7.6%).
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 25, Nicholsons Grove, Colchester is in very good condition we estimate a sale value of £252,586 and rental value of £1,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,719 and a rental value of £1,019 per month.
If you were able to purchase this property for the estimated value of £240,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,182 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, 25, Nicholsons Grove, Colchester sits on a plot of 68m2.
We have plot size data on 9 out of 11 other houses in the postcode and 25, Nicholsons Grove, Colchester sits on the 9th largest plot.
According to HM Land Registry, 25, Nicholsons Grove, Colchester was last sold on 15 Jan 1999 for £55,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Nicholsons Grove, Colchester within a radius of 370 metres over the last 2 years.
The most recent example is 40, Priory Street, Colchester, CO1 2QA, a Freehold house which sold for £165,000 in Jun 2021.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nicholsons Grove, Colchester, CO1 has a total of 123 addresses. According to our analysis of all the public data, 25, Nicholsons Grove, Colchester is the 14th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in CO1.
25, Nicholsons Grove, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 25, Nicholsons Grove, 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 25, Nicholsons Grove, Colchester, 77.6% of property is privately rented and 14.7% 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 25, Nicholsons Grove, Colchester, 9.3% of residents are recorded as possessing school level qualifications and 41.2% 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 25, Nicholsons Grove, Colchester, the average age was 40 and the most common age was 27.
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 25, Nicholsons Grove, 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 25, Nicholsons Grove, Colchester, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.