According to the public record, 27, New Town Road, Colchester is a period freehold house and with 828 ft2 of internal area and sits on a 93.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Town Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
27, New Town Road, Colchester has 4 entries in the Land Registry database, most recently in November 2021 and 2 entries in the EPC database, most recently in 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 27 New Town Road Colchester as £258,125 and the rental value as £1,233 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 27 New Town Road Colchester has decreased by £2,363 (0.9%) and its rental value has increased by £97 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 27, New Town Road, Colchester is in very good condition we estimate a sale value of £271,032 and rental value of £1,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,057 and a rental value of £1,147 per month.
If you were able to purchase this property for the estimated value of £258,125, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,269 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, 27, New Town Road, Colchester sits on a plot of 94m2.
We have plot size data on 14 out of 20 other houses in the postcode and 27, New Town Road, Colchester sits on the 13th largest plot.
According to HM Land Registry, 27, New Town Road, Colchester was last sold on 10 Nov 2021 for £260,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2021, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, New Town Road, Colchester within a radius of 100m over the last 2 years.
The most recent example is 22, Winsley Road, Colchester, CO1 2DG, a Freehold house which sold for £259,000 in Sep 2023.
Read more about house prices in CO1.
New Town Road, Colchester, CO1 has a total of 65 addresses. According to our analysis of all the public data, 27, New Town Road, Colchester is the 21st largest and the 19th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in CO1.
27, New Town Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2019.
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 27, New Town Road, Colchester is Colchester Town station which is 600 m 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, New Town Road, Colchester, 45.0% of property is privately rented and 26.7% is privately owned outright.
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, New Town Road, Colchester, 19.7% of residents are recorded as possessing school level qualifications and 32.0% 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, New Town 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 27, New Town Road, Colchester, 0.7% 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, New Town Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.