According to the public record, 4 Acland Court, Colchester is a mid-century leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Acland Court, Acland Avenue, Colchester, CO3.
Acland Avenue, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
4 Acland Court, Colchester has 31 entries in the Land Registry database, most recently in July 2011 and a single entry in the EPC database dated December 2013.
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 4 Acland Court Colchester as £227,265 and the rental value as £1,081 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 4 Acland Court Colchester has increased by £5,327 (2.3%) and its rental value has increased by £79 per month (7.3%).
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 4 Acland Court, Colchester is in very good condition we estimate a sale value of £238,628 and rental value of £1,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,356 and a rental value of £1,005 per month.
If you were able to purchase this property for the estimated value of £227,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,117 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, 4 Acland Court, Colchester was last sold on 26 Jul 2011 for £164,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2011, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Acland Court, Colchester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2 Acland Court, Acland Avenue, Colchester, CO3 3RT, a Leasehold flat which sold for £190,000 in Jun 2019.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acland Avenue, Colchester, CO3 has a total of 36 addresses. According to our analysis of all the public data, 4 Acland Court, Colchester is the 19th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in CO3.
4 Acland Court, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 4 Acland Court, Colchester is Colchester station which is 2.1 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 4 Acland Court, Colchester, 49.6% of property is privately owned outright and 26.4% is privately 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 4 Acland Court, Colchester, 9.1% of residents are recorded as possessing school level qualifications and 44.7% 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 4 Acland Court, Colchester, the average age was 43.4 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 4 Acland Court, Colchester, 1.3% 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 4 Acland Court, 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.