According to the public record, 27, West Quay, Colchester is a modern freehold house with 1,420 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
West Quay, Wivenhoe, Colchester, CO7 is located in the borough of Colchester within the CO7 postal district.
27, West Quay, Colchester has 21 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated October 2022.
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 West Quay Colchester as £660,191 and the rental value as £2,048 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 27 West Quay Colchester has decreased by £15,538 (2.4%) and its rental value has increased by £132 per month (6.4%).
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, West Quay, Colchester is in very good condition we estimate a sale value of £693,200 and rental value of £2,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,978 and a rental value of £1,905 per month.
If you were able to purchase this property for the estimated value of £660,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,245 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 data from HM Land Registry, 27, West Quay, Colchester sits on a plot of 191m2.
We have plot size data on 19 out of 27 other houses in the postcode and 27, West Quay, Colchester sits on the 8th largest plot.
According to HM Land Registry, 27, West Quay, Colchester was last sold on 15 Mar 2023 for £700,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, West Quay, Colchester within a radius of 720 metres over the last 2 years.
The most recent example is 26, West Quay, Colchester, CO7 9TF, a Freehold house which sold for £687,500 in Jan 2022.
Read more about house prices in CO7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Quay, Wivenhoe, Colchester, CO7 has a total of 37 addresses. According to our analysis of all the public data, 27, West Quay, Colchester is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £269k more expensive than the average property in CO7.
27, West Quay, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2022.
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, West Quay, Colchester is Wivenhoe station which is 200 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, West Quay, Colchester, 42.7% of property is privately owned outright and 26.8% 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, West Quay, Colchester, 15.8% of residents are recorded as possessing school level qualifications and 53.3% 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, West Quay, Colchester, the average age was 41 and the most common age was 17.
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, West Quay, Colchester, 1.1% 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, West Quay, 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.