According to the public record, 318, Cowdray Avenue, Colchester is a early-century freehold house with 731 ft2 of internal area and sits on a 413 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cowdray Avenue, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
318, Cowdray Avenue, Colchester has 3 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated August 2021.
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 318 Cowdray Avenue Colchester as £265,190 and the rental value as £1,247 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 318 Cowdray Avenue Colchester has decreased by £3,303 (1.2%) and its rental value has increased by £63 per month (5.1%).
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 318, Cowdray Avenue, Colchester is in very good condition we estimate a sale value of £278,449 and rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,626 and a rental value of £1,160 per month.
If you were able to purchase this property for the estimated value of £265,190, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,303 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, 318, Cowdray Avenue, Colchester sits on a plot of 413m2.
We have plot size data on 19 out of 32 other houses in the postcode and 318, Cowdray Avenue, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 318, Cowdray Avenue, Colchester was last sold on 02 Feb 2022 for £265,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 318, Cowdray Avenue, Colchester within a radius of 650 metres over the last 2 years.
The most recent example is 294, Cowdray Avenue, Colchester, CO1 1XZ, a Freehold house which sold for £337,000 in Aug 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cowdray Avenue, Colchester, CO1 has a total of 152 addresses. According to our analysis of all the public data, 318, Cowdray Avenue, Colchester is the 139th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in CO1.
318, Cowdray Avenue, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2021.
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 318, Cowdray Avenue, Colchester is Colchester Town 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 318, Cowdray Avenue, Colchester, 44.1% of property is privately owned outright and 28.8% 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 318, Cowdray Avenue, Colchester, 10.5% of residents are recorded as possessing school level qualifications and 63.5% 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 318, Cowdray Avenue, 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 318, Cowdray Avenue, 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 318, Cowdray Avenue, 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.