According to the public record, 4, Flagstaff Road, Colchester is a modern leasehold apartment with 835 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Flagstaff Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
4, Flagstaff Road, Colchester has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated December 2017.
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 Flagstaff Road Colchester as £257,199 and the rental value as £1,120 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 4 Flagstaff Road Colchester has increased by £4,634 (1.8%) and its rental value has increased by £122 per month (10.8%).
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, Flagstaff Road, Colchester is in very good condition we estimate a sale value of £270,059 and rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,195 and a rental value of £1,042 per month.
If you were able to purchase this property for the estimated value of £257,199, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,264 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, Flagstaff Road, Colchester was last sold on 20 Sep 2021 for £238,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Flagstaff Road, Colchester within a radius of 520 metres over the last 2 years.
The most recent example is 25, Albarn Court 12, Londinium Road, Colchester, CO2 7NT, a Leasehold flat which sold for £251,000 in May 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flagstaff Road, Colchester, CO2 has a total of 13 addresses. According to our analysis of all the public data, 4, Flagstaff Road, Colchester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in CO2.
4, Flagstaff Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler & underfloor, electric.
The closest station to 4, Flagstaff Road, Colchester is Colchester Town station which is 400 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, Flagstaff Road, Colchester, 46.9% of property is privately rented and 32.9% 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 4, Flagstaff Road, Colchester, 15.7% of residents are recorded as possessing school level qualifications and 42.3% 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 4, Flagstaff Road, 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 4, Flagstaff Road, Colchester, 1.1% 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, Flagstaff Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.