According to the public record, 36, Jefferson Close, Colchester is a modern freehold house with 1,194 ft2 of internal area and sits on a 381 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Jefferson Close, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
36, Jefferson Close, Colchester has 21 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated September 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 36 Jefferson Close Colchester as £467,956 and the rental value as £1,757 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 36 Jefferson Close Colchester has decreased by £4,952 (1.1%) and its rental value has increased by £66 per month (3.7%).
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 36, Jefferson Close, Colchester is in very good condition we estimate a sale value of £491,353 and rental value of £1,844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,199 and a rental value of £1,634 per month.
If you were able to purchase this property for the estimated value of £467,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,300 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, 36, Jefferson Close, Colchester sits on a plot of 381m2.
We have plot size data on 20 out of 44 other houses in the postcode and 36, Jefferson Close, Colchester sits on the 8th largest plot.
According to HM Land Registry, 36, Jefferson Close, Colchester was last sold on 06 Nov 2023 for £536,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Jefferson Close, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 19, Jefferson Close, Colchester, CO3 9DR, a Freehold house which sold for £370,000 in Apr 2021.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jefferson Close, Colchester, CO3 has a total of 49 addresses. According to our analysis of all the public data, 36, Jefferson Close, Colchester is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in CO3.
36, Jefferson Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 36, Jefferson Close, Colchester is Colchester station which is 3.6 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 36, Jefferson Close, Colchester, 59.7% of property is privately owned outright and 36.0% 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 36, Jefferson Close, Colchester, 18.7% of residents are recorded as possessing school level qualifications and 45.3% 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 36, Jefferson Close, Colchester, the average age was 45.6 and the most common age was 52.
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 36, Jefferson Close, Colchester, 0.8% 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 36, Jefferson Close, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.