According to the public record, 4 The Brewery Tower, Eaglegate, Colchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 682 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Eaglegate, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
4 The Brewery Tower, Eaglegate, Colchester has 41 entries in the Land Registry database, most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 The Brewery Tower Eaglegate Colchester as £198,625 and the rental value as £960 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 4 The Brewery Tower Eaglegate Colchester has increased by £1,898 (1.0%) and its rental value has increased by £88 per month (9.1%).
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 The Brewery Tower, Eaglegate, Colchester is in very good condition we estimate a sale value of £208,556 and rental value of £1,008 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,721 and a rental value of £893 per month.
If you were able to purchase this property for the estimated value of £198,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £976 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 The Brewery Tower, Eaglegate, Colchester was last sold on 09 Apr 2018 for £180,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2018, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 The Brewery Tower, Eaglegate, Colchester within a radius of 490 metres over the last 2 years.
The most recent example is Flat 8, Stopes House, Eaglegate, Colchester, CO1 2PS, a Leasehold flat which sold for £140,000 in Nov 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eaglegate, Colchester, CO1 has a total of 33 addresses. According to our analysis of all the public data, 4 The Brewery Tower, Eaglegate, Colchester is the 14th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in CO1.
The closest station to 4 The Brewery Tower, Eaglegate, Colchester is Colchester Town station which is 600 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 4 The Brewery Tower, Eaglegate, Colchester, 50.4% of property is privately owned outright and 27.4% 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 4 The Brewery Tower, Eaglegate, Colchester, 8.0% of residents are recorded as possessing school level qualifications and 22.2% 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 The Brewery Tower, Eaglegate, Colchester, the average age was 40 and the most common age was 27.
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 The Brewery Tower, Eaglegate, Colchester, 0.6% 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 The Brewery Tower, Eaglegate, Colchester, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.