35, Parade Square, Colchester has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 35, Parade Square, Colchester is in very good condition we estimate a sale value of £249,548 and rental value of £1,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,028 and a rental value of £1,029 per month.
If you were able to purchase this property for the estimated value of £237,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,168 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, 35, Parade Square, Colchester was last sold on 21 Nov 2014 for £174,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Parade Square, Colchester within a radius of 360 metres over the last 2 years.
The most recent example is 14, Hyderabad Close, Colchester, CO2 7FZ, a Freehold house which sold for £252,000 in Oct 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parade Square, Colchester, CO2 has a total of 41 addresses. According to our analysis of all the public data, 35, Parade Square, Colchester is the 40th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in CO2.
35, Parade Square, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
According to the public record, 35, Parade Square, Colchester is a modern freehold house with 635 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Parade Square, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 35 Parade Square Colchester as £237,665 and the rental value as £1,106 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 35 Parade Square Colchester has decreased by £1,712 (0.7%) and its rental value has increased by £90 per month (8.1%).
The closest station to 35, Parade Square, Colchester is Colchester Town station which is 500 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 35, Parade Square, Colchester, 36.7% of property is privately rented and 26.6% is socially rented.
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 35, Parade Square, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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 35, Parade Square, 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 35, Parade Square, 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 35, Parade Square, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.