According to the public record, 3, Fenwick Drive, Colchester is a modern freehold house with 1,727 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fenwick Drive, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
3, Fenwick Drive, Colchester has 2 entries in the Land Registry database, most recently in August 2009 and a single entry in the EPC database dated January 2009.
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 3 Fenwick Drive Colchester as £463,795 and the rental value as £1,783 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Fenwick Drive Colchester has decreased by £10,164 (2.2%) and its rental value has increased by £102 per month (5.7%).
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 3, Fenwick Drive, Colchester is in very good condition we estimate a sale value of £486,984 and rental value of £1,873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,329 and a rental value of £1,659 per month.
If you were able to purchase this property for the estimated value of £463,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,279 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, 3, Fenwick Drive, Colchester sits on a plot of 136m2.
We have plot size data on 7 out of 8 other houses in the postcode and 3, Fenwick Drive, Colchester sits on the 7th largest plot.
According to HM Land Registry, 3, Fenwick Drive, Colchester was last sold on 14 Aug 2009 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2009, the market for similar properties has risen 73.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Fenwick Drive, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 6, Fenwick Drive, Colchester, CO1 2TN, a Freehold house which sold for £475,000 in Sep 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fenwick Drive, Colchester, CO1 has a total of 8 addresses. According to our analysis of all the public data, 3, Fenwick Drive, Colchester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £201k more expensive than the average property in CO1.
3, Fenwick Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2009.
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 3, Fenwick Drive, Colchester is Hythe (Essex) station which is 1.0 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 3, Fenwick Drive, Colchester, 42.2% of property is privately owned with a mortgage and 35.2% 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 3, Fenwick Drive, Colchester, 24.5% of residents are recorded as possessing school level qualifications and 42.6% 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 3, Fenwick Drive, 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 3, Fenwick Drive, 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 3, Fenwick Drive, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.