According to the public record, 33, Oatfield Close, Colchester is a modern freehold house with 914 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oatfield Close, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
33, Oatfield Close, Colchester has 51 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated March 2022.
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 33 Oatfield Close Colchester as £293,305 and the rental value as £1,402 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 33 Oatfield Close Colchester has decreased by £973 (0.3%) and its rental value has increased by £63 per month (4.5%).
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 33, Oatfield Close, Colchester is in very good condition we estimate a sale value of £307,971 and rental value of £1,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,774 and a rental value of £1,304 per month.
If you were able to purchase this property for the estimated value of £293,305, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,442 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, 33, Oatfield Close, Colchester sits on a plot of 140m2.
We have plot size data on 33 out of 35 other houses in the postcode and 33, Oatfield Close, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 33, Oatfield Close, Colchester was last sold on 26 Aug 2022 for £310,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Oatfield Close, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 10A, Winstree Road, Colchester, CO3 0PZ, a Freehold house which sold for £350,000 in Apr 2022.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oatfield Close, Stanway, Colchester, CO3 has a total of 44 addresses. According to our analysis of all the public data, 33, Oatfield Close, Colchester is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in CO3.
33, Oatfield Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2022.
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 33, Oatfield Close, Colchester is Colchester station which is 3.9 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 33, Oatfield Close, Colchester, 37.5% of property is socially rented and 31.3% 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 33, Oatfield Close, Colchester, 20.1% of residents are recorded as possessing school level qualifications and 27.9% 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 33, Oatfield Close, Colchester, the average age was 41.8 and the most common age was 32.
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 33, Oatfield Close, Colchester, 1.1% 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 33, Oatfield Close, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.