According to the public record, 3, Tara Close, Colchester is a mid-century freehold house with 505 ft2 of internal area and sits on a 166 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Tara Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
3, Tara Close, Colchester has 41 entries in the Land Registry database, most recently in March 2013 and a single entry in the EPC database dated April 2012.
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 Tara Close Colchester as £191,250 and the rental value as £1,012 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 3 Tara Close Colchester has decreased by £45 (0.0%) and its rental value has increased by £58 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, Tara Close, Colchester is in very good condition we estimate a sale value of £200,812 and rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,862 and a rental value of £941 per month.
If you were able to purchase this property for the estimated value of £191,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £940 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, Tara Close, Colchester sits on a plot of 166m2.
We have plot size data on 14 out of 20 other houses in the postcode and 3, Tara Close, Colchester sits on the 4th largest plot.
According to HM Land Registry, 3, Tara Close, Colchester was last sold on 08 Mar 2013 for £121,750 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2013, the market for similar properties has risen 72.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Tara Close, Colchester within a radius of 560 metres over the last 2 years.
The most recent example is 1, Tara Close, Colchester, CO4 3DP, a Freehold house which sold for £170,000 in May 2021.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tara Close, Colchester, CO4 has a total of 20 addresses. According to our analysis of all the public data, 3, Tara Close, Colchester is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in CO4.
3, Tara Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 3, Tara Close, Colchester is Hythe (Essex) station which is 1.3 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, Tara Close, Colchester, 39.5% of property is privately owned with a mortgage and 33.9% 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, Tara Close, Colchester, 19.7% of residents are recorded as possessing school level qualifications and 23.2% 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, Tara Close, Colchester, the average age was 43 and the most common age was 52.
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, Tara Close, 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, Tara Close, 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.