According to the public record, 27, Scarletts Road, Colchester is a period freehold house with 882 ft2 of internal area and sits on a 192 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Scarletts Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
27, Scarletts Road, Colchester has 31 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated June 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 Scarletts Road Colchester as £331,173 and the rental value as £1,305 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 27 Scarletts Road Colchester has decreased by £4,096 (1.2%) and its rental value has increased by £96 per month (7.4%).
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, Scarletts Road, Colchester is in very good condition we estimate a sale value of £347,732 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,991 and a rental value of £1,214 per month.
If you were able to purchase this property for the estimated value of £331,173, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,628 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, Scarletts Road, Colchester sits on a plot of 192m2.
We have plot size data on 16 out of 27 other houses in the postcode and 27, Scarletts Road, Colchester sits on the 14th largest plot.
According to HM Land Registry, 27, Scarletts Road, Colchester was last sold on 11 Aug 2014 for £222,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2014, the market for similar properties has risen 47.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Scarletts Road, Colchester within a radius of 520 metres over the last 2 years.
The most recent example is 35, Scarletts Road, Colchester, CO1 2HA, a Freehold house which sold for £281,000 in Jan 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scarletts Road, Colchester, CO1 has a total of 72 addresses. According to our analysis of all the public data, 27, Scarletts Road, Colchester is the 38th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in CO1.
27, Scarletts Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 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 27, Scarletts Road, Colchester is Hythe (Essex) station which is 900 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, Scarletts Road, Colchester, 47.5% of property is privately owned with a mortgage and 29.8% 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, Scarletts Road, Colchester, 22.3% of residents are recorded as possessing school level qualifications and 30.6% 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, Scarletts Road, Colchester, the average age was 40 and the most common age was 32.
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, Scarletts Road, Colchester, 0.6% 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, Scarletts Road, 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.