According to the public record, 28, East Street, Colchester is a period freehold house with 1,011 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
East Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
28, East Street, Colchester has 21 entries in the Land Registry database, most recently in October 2013 and a single entry in the EPC database dated February 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 28 East Street Colchester as £225,239 and the rental value as £1,109 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 28 East Street Colchester has decreased by £2,701 (1.2%) and its rental value has increased by £75 per month (6.8%).
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 28, East Street, Colchester is in very good condition we estimate a sale value of £236,501 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,472 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £225,239, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 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, 28, East Street, Colchester sits on a plot of 229m2.
We have plot size data on 8 out of 11 other houses in the postcode and 28, East Street, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 28, East Street, Colchester was last sold on 14 Oct 2013 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2013, the market for similar properties has risen 58.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, East Street, Colchester within a radius of 560 metres over the last 2 years.
The most recent example is 26, East Street, Colchester, CO1 2TR, a Freehold house which sold for £190,000 in May 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Street, Colchester, CO1 has a total of 142 addresses. According to our analysis of all the public data, 28, East Street, Colchester is the 21st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in CO1.
28, East Street, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Feb 2022.
The property is not connected to mains gas and has mostly multiple glazing. It is heated using Air source heat pump, warm air, electric.
The closest station to 28, East Street, 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 28, East Street, Colchester, 43.0% of property is privately rented and 26.9% 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 28, East Street, Colchester, 17.9% of residents are recorded as possessing school level qualifications and 32.6% 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 28, East Street, 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 28, East Street, Colchester, 0.3% 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 28, East Street, 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.