According to the public record, 323, Harwich Road, Colchester is a mid-century apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Harwich Road, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
323, Harwich Road, Colchester has no records in the Land Registry database and a single entry in the EPC database dated October 2018.
We combine this information with public data 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 323 Harwich Road Colchester as £135,064 and the rental value as £829 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 323 Harwich Road Colchester has increased by £486 (0.4%) and its rental value has increased by £56 per month (6.7%).
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 323, Harwich Road, Colchester is in very good condition we estimate a sale value of £141,817 and rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,610 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £135,064, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £664 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 323, Harwich Road, Colchester within a radius of 580 metres over the last 2 years.
The most recent example is 6 Walter Porters Court, Hazelton Road, Colchester, CO4 3DR, a Leasehold flat which sold for £120,000 in Oct 2021.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Harwich Road, Colchester, CO4 has a total of 345 addresses. According to our analysis of all the public data, 323, Harwich Road, Colchester is the 298th largest and the 331st most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in CO4.
323, Harwich Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2018.
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 323, Harwich Road, Colchester is Hythe (Essex) station which is 1.4 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 323, Harwich Road, Colchester, 36.8% of property is privately owned with a mortgage and 33.6% 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 323, Harwich Road, Colchester, 23.3% of residents are recorded as possessing school level qualifications and 26.2% 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 323, Harwich Road, Colchester, the average age was 32.8 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 323, Harwich Road, 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 323, Harwich Road, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.