According to the public record, 3, Laxton Road, Colchester is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laxton Road, Alresford, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
3, Laxton Road, Colchester has a single entry in the Land Registry database from November 2012 and a single entry in the EPC database dated June 2014.
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 Laxton Road Colchester as £298,107 and the rental value as £1,464 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Laxton Road Colchester has decreased by £4,519 (1.5%) and its rental value has increased by £121 per month (8.2%).
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, Laxton Road, Colchester is in very good condition we estimate a sale value of £313,012 and rental value of £1,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,239 and a rental value of £1,362 per month.
If you were able to purchase this property for the estimated value of £298,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,465 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, Laxton Road, Colchester sits on a plot of 230m2.
We have plot size data on 14 out of 34 other houses in the postcode and 3, Laxton Road, Colchester sits on the 9th largest plot.
According to HM Land Registry, 3, Laxton Road, Colchester was last sold on 15 Nov 2012 for £167,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2012, the market for similar properties has risen 77.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Laxton Road, Colchester within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 23, Cox Road, Colchester, CO7 8EJ, a Freehold house which sold for £331,000 in Jul 2023.
Read more about house prices in CO7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laxton Road, Alresford, Colchester, CO7 has a total of 34 addresses. According to our analysis of all the public data, 3, Laxton Road, Colchester is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in CO7.
3, Laxton Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2014.
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, Laxton Road, Colchester is Alresford (Essex) station which is 300 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 3, Laxton Road, Colchester, 64.3% of property is privately owned outright and 27.0% 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 3, Laxton Road, Colchester, 14.7% of residents are recorded as possessing school level qualifications and 21.5% 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 3, Laxton Road, Colchester, the average age was 45.8 and the most common age was 72.
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, Laxton Road, Colchester, 0.4% 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, Laxton Road, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.