According to the public record, 31, St. Marys Fields, Colchester is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
St. Marys Fields, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
31, St. Marys Fields, Colchester has 2 entries in the Land Registry database, most recently in September 2012 and a single entry in the EPC database dated October 2019.
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 31 St. Marys Fields Colchester as £276,693 and the rental value as £1,162 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 31 St. Marys Fields Colchester has increased by £3,871 (1.4%) and its rental value has increased by £108 per month (9.3%).
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 31, St. Marys Fields, Colchester is in very good condition we estimate a sale value of £290,528 and rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,325 and a rental value of £1,080 per month.
If you were able to purchase this property for the estimated value of £276,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,360 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 HM Land Registry, 31, St. Marys Fields, Colchester was last sold on 28 Sep 2012 for £141,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2012, the market for similar properties has risen 47.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, St. Marys Fields, Colchester within a radius of 570 metres over the last 2 years.
The most recent example is 33, St. Marys Fields, Colchester, CO3 3BP, a Leasehold flat which sold for £230,000 in Aug 2022.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Fields, Colchester, CO3 has a total of 172 addresses. According to our analysis of all the public data, 31, St. Marys Fields, Colchester is the 73rd largest and the 66th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in CO3.
31, St. Marys Fields, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2019.
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 31, St. Marys Fields, Colchester is Colchester Town 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 31, St. Marys Fields, Colchester, 34.0% of property is privately rented and 32.1% 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 31, St. Marys Fields, Colchester, 21.3% of residents are recorded as possessing school level qualifications and 49.7% 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 31, St. Marys Fields, 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 31, St. Marys Fields, Colchester, 1.2% 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 31, St. Marys Fields, 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.