40, Cambridge Road, Colchester has 71 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 40, Cambridge Road, Colchester is in very good condition we estimate a sale value of £734,544 and rental value of £2,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £650,596 and a rental value of £2,032 per month.
If you were able to purchase this property for the estimated value of £699,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,438 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 data from HM Land Registry, 40, Cambridge Road, Colchester sits on a plot of 401m2.
We have plot size data on 16 out of 26 other houses in the postcode and 40, Cambridge Road, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 40, Cambridge Road, Colchester was last sold on 03 May 2023 for £695,000 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since May 2023, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cambridge Road, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 31, Victoria Road, Colchester, CO3 3NT, a Freehold house which sold for £646,500 in Oct 2021.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Road, Colchester, CO3 has a total of 77 addresses. According to our analysis of all the public data, 40, Cambridge Road, Colchester is the 25th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £325k more expensive than the average property in CO3.
40, Cambridge Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 40, Cambridge Road, Colchester is a period freehold house with 1,668 ft2 of internal area and sits on a 401 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cambridge Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Cambridge Road Colchester as £699,565 and the rental value as £2,185 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 40 Cambridge Road Colchester has decreased by £14,715 (2.1%) and its rental value has increased by £118 per month (5.4%).
The closest station to 40, Cambridge Road, Colchester is Colchester Town station which is 1.6 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 40, Cambridge Road, Colchester, 53.8% of property is privately owned outright and 33.3% 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 40, Cambridge Road, Colchester, 24.2% of residents are recorded as possessing school level qualifications and 58.6% 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 40, Cambridge Road, Colchester, the average age was 37.4 and the most common age was 47.
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 40, Cambridge Road, Colchester, 1.5% 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 40, Cambridge Road, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.