According to the public record, 37, Lenz Close, Colchester is a modern freehold house with 996 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lenz Close, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
37, Lenz Close, Colchester has 3 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated July 2010.
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 37 Lenz Close Colchester as £286,889 and the rental value as £1,309 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 37 Lenz Close Colchester has decreased by £3,120 (1.1%) and its rental value has increased by £97 per month (7.4%).
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 37, Lenz Close, Colchester is in very good condition we estimate a sale value of £301,233 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,807 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £286,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,410 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, 37, Lenz Close, Colchester sits on a plot of 193m2.
We have plot size data on 57 out of 59 other houses in the postcode and 37, Lenz Close, Colchester sits on the 7th largest plot.
According to HM Land Registry, 37, Lenz Close, Colchester was last sold on 05 Jul 2018 for £280,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2018, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Lenz Close, Colchester within a radius of 450 metres over the last 2 years.
The most recent example is 22, Peache Road, Colchester, CO1 2FS, a Freehold house which sold for £270,000 in Apr 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lenz Close, Colchester, CO1 has a total of 69 addresses. According to our analysis of all the public data, 37, Lenz Close, Colchester is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in CO1.
37, Lenz Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 37, Lenz Close, Colchester is Hythe (Essex) 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 37, Lenz Close, 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 37, Lenz Close, 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 37, Lenz Close, 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 37, Lenz Close, 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 37, Lenz Close, 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.