According to the public record, 29, West Quay, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,879 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
West Quay, Wivenhoe, Colchester, CO7 is located in the borough of Colchester within the CO7 postal district.
29, West Quay, Colchester has a single entry in the Land Registry database from June 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 29 West Quay Colchester as £740,508 and the rental value as £2,409 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 29 West Quay Colchester has decreased by £18,205 (2.5%) and its rental value has increased by £152 per month (6.3%).
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 29, West Quay, Colchester is in very good condition we estimate a sale value of £777,534 and rental value of £2,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £688,673 and a rental value of £2,240 per month.
If you were able to purchase this property for the estimated value of £740,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,639 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, 29, West Quay, Colchester was last sold on 12 Jun 2006 for £374,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, West Quay, Colchester within a radius of 720 metres over the last 2 years.
The most recent example is 32, West Quay, Colchester, CO7 9TF, a Freehold house which sold for £700,000 in Apr 2023.
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, 29, West Quay, Colchester is the 2nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £350k more expensive than the average property in CO7.
The closest station to 29, 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 29, 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 29, 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 29, 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 29, 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 29, 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.