According to the public record, 294, Cowdray Avenue, Colchester is a early-century freehold house with 828 ft2 of internal area and sits on a 393 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cowdray Avenue, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
294, Cowdray Avenue, Colchester has 2 entries in the Land Registry database, most recently in August 2022 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 294 Cowdray Avenue Colchester as £285,742 and the rental value as £1,329 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 294 Cowdray Avenue Colchester has decreased by £3,559 (1.2%) and its rental value has increased by £68 per month (5.1%).
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 294, Cowdray Avenue, Colchester is in very good condition we estimate a sale value of £300,029 and rental value of £1,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,740 and a rental value of £1,236 per month.
If you were able to purchase this property for the estimated value of £285,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,404 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, 294, Cowdray Avenue, Colchester sits on a plot of 393m2.
We have plot size data on 15 out of 29 other houses in the postcode and 294, Cowdray Avenue, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 294, Cowdray Avenue, Colchester was last sold on 12 Aug 2022 for £337,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 294, Cowdray Avenue, Colchester within a radius of 690 metres over the last 2 years.
The most recent example is 312, Cowdray Avenue, Colchester, CO1 1YA, a Freehold house which sold for £322,000 in Sep 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cowdray Avenue, Colchester, CO1 has a total of 152 addresses. According to our analysis of all the public data, 294, Cowdray Avenue, Colchester is the 120th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in CO1.
294, Cowdray Avenue, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 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 294, Cowdray Avenue, Colchester is Colchester Town station which is 1.4 kilometres 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 294, Cowdray Avenue, Colchester, 44.1% of property is privately owned outright and 28.8% 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 294, Cowdray Avenue, Colchester, 10.5% of residents are recorded as possessing school level qualifications and 63.5% 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 294, Cowdray Avenue, 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 294, Cowdray Avenue, Colchester, 0.0% 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 294, Cowdray Avenue, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.