According to the public record, 4, Ratcliffe Court, Colchester is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ratcliffe Court, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
4, Ratcliffe Court, Colchester has a single entry in the Land Registry database from December 2006 and a single entry in the EPC database dated December 2019.
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 Ratcliffe Court Colchester as £165,814 and the rental value as £917 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 4 Ratcliffe Court Colchester has increased by £1,179 (0.7%) and its rental value has increased by £60 per month (6.6%).
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, Ratcliffe Court, Colchester is in very good condition we estimate a sale value of £174,105 and rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,207 and a rental value of £853 per month.
If you were able to purchase this property for the estimated value of £165,814, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £815 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, Ratcliffe Court, Colchester was last sold on 21 Dec 2006 for £209,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Ratcliffe Court, Colchester within a radius of 560 metres over the last 2 years.
The most recent example is 14, Rayleigh Close, Colchester, CO4 0AT, a Leasehold flat which sold for £180,000 in Aug 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ratcliffe Court, Colchester, CO4 has a total of 55 addresses. According to our analysis of all the public data, 4, Ratcliffe Court, Colchester is the 25th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in CO4.
4, Ratcliffe Court, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Dec 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 4, Ratcliffe Court, Colchester is Hythe (Essex) station which is 1.3 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, Ratcliffe Court, Colchester, 37.6% of property is privately rented and 26.7% is privately owned outright.
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, Ratcliffe Court, Colchester, 20.2% of residents are recorded as possessing school level qualifications and 25.3% 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, Ratcliffe Court, Colchester, the average age was 43 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, Ratcliffe Court, 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, Ratcliffe Court, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.