According to the public record, 27, Lincoln Way, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,001 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lincoln Way, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
27, Lincoln Way, Colchester has 31 entries in the Land Registry database, most recently in March 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27 Lincoln Way Colchester as £319,171 and the rental value as £1,356 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 27 Lincoln Way Colchester has decreased by £3,975 (1.2%) and its rental value has increased by £69 per month (5.1%).
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 27, Lincoln Way, Colchester is in very good condition we estimate a sale value of £335,129 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,829 and a rental value of £1,262 per month.
If you were able to purchase this property for the estimated value of £319,171, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,569 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, 27, Lincoln Way, Colchester was last sold on 01 Mar 2006 for £169,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Lincoln Way, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 22, Lincoln Way, Colchester, CO1 2RL, a Freehold house which sold for £285,000 in Feb 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lincoln Way, Colchester, CO1 has a total of 43 addresses. According to our analysis of all the public data, 27, Lincoln Way, Colchester is the 13th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in CO1.
The closest station to 27, Lincoln Way, Colchester is Colchester Town station which is 800 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 27, Lincoln Way, Colchester, 42.9% of property is privately owned outright and 42.0% 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 27, Lincoln Way, Colchester, 23.9% of residents are recorded as possessing school level qualifications and 30.1% 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 27, Lincoln Way, 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 27, Lincoln Way, 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 27, Lincoln Way, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.