According to the public record, 4, Charles Court, Colchester is a mid-century leasehold apartment with 427 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Charles Court, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
4, Charles Court, Colchester has 21 entries in the Land Registry database, most recently in July 2015 and a single entry in the EPC database dated September 2009.
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 Charles Court Colchester as £132,774 and the rental value as £805 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 4 Charles Court Colchester has increased by £2,112 (1.6%) and its rental value has increased by £53 per month (6.5%).
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 4, Charles Court, Colchester is in very good condition we estimate a sale value of £139,412 and rental value of £846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,479 and a rental value of £749 per month.
If you were able to purchase this property for the estimated value of £132,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £653 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, Charles Court, Colchester was last sold on 30 Jul 2015 for £87,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2015, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Charles Court, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 19, Charles Court, Colchester, CO3 0YS, a Leasehold flat which sold for £125,000 in Sep 2020.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charles Court, Stanway, Colchester, CO3 has a total of 20 addresses. According to our analysis of all the public data, 4, Charles Court, Colchester is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in CO3.
4, Charles Court, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2009.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 4, Charles Court, Colchester is Colchester station which is 3.8 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, Charles Court, Colchester, 32.9% of property is privately owned with a mortgage and 30.1% 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, Charles Court, Colchester, 13.9% of residents are recorded as possessing school level qualifications and 25.1% 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, Charles Court, 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 4, Charles Court, 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 4, Charles 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.