According to the public record, 30, South Street, Colchester is a period freehold house with 667 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
South Street, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
30, South Street, Colchester has 61 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated February 2016.
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 30 South Street Colchester as £223,858 and the rental value as £1,137 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 30 South Street Colchester has decreased by £2,137 (1.0%) and its rental value has increased by £89 per month (7.8%).
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 30, South Street, Colchester is in very good condition we estimate a sale value of £235,051 and rental value of £1,194 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,188 and a rental value of £1,058 per month.
If you were able to purchase this property for the estimated value of £223,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,100 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, 30, South Street, Colchester sits on a plot of 114m2.
We have plot size data on 16 out of 20 other houses in the postcode and 30, South Street, Colchester sits on the 4th largest plot.
According to HM Land Registry, 30, South Street, Colchester was last sold on 01 Apr 2022 for £225,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 30, South Street, Colchester within a radius of 500 metres over the last 2 years.
The most recent example is 34, West Street, Colchester, CO2 7BG, a Freehold house which sold for £232,500 in Mar 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Colchester, CO2 has a total of 86 addresses. According to our analysis of all the public data, 30, South Street, Colchester is the 38th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in CO2.
30, South Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2016.
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 30, South Street, Colchester is Colchester Town station which is 600 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 30, South Street, Colchester, 52.4% of property is privately rented and 18.4% 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 30, South Street, Colchester, 15.5% of residents are recorded as possessing school level qualifications and 36.2% 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 30, South Street, Colchester, the average age was 33.3 and the most common age was 22.
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 30, South Street, 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 30, South Street, Colchester, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.