According to the public record, 40, Creffield Road, Colchester is a period freehold house with 2,475 ft2 of internal area and sits on a 503 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Creffield Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
40, Creffield Road, Colchester has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated June 2018.
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 40 Creffield Road Colchester as £895,023 and the rental value as £2,871 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 40 Creffield Road Colchester has decreased by £18,826 (2.1%) and its rental value has increased by £155 per month (5.4%).
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, Creffield Road, Colchester is in very good condition we estimate a sale value of £939,774 and rental value of £3,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £832,371 and a rental value of £2,670 per month.
If you were able to purchase this property for the estimated value of £895,023, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,399 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, Creffield Road, Colchester sits on a plot of 503m2.
We have plot size data on 11 out of 17 other houses in the postcode and 40, Creffield Road, Colchester sits on the 4th largest plot.
According to HM Land Registry, 40, Creffield Road, Colchester was last sold on 16 Sep 2020 for £805,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Creffield Road, Colchester within a radius of 490 metres over the last 2 years.
The most recent example is 23, Ireton Road, Colchester, CO3 3AT, a Freehold house which sold for £995,000 in Aug 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Creffield Road, Colchester, CO3 has a total of 55 addresses. According to our analysis of all the public data, 40, Creffield Road, Colchester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £521k more expensive than the average property in CO3.
40, Creffield Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Creffield Road, Colchester is Colchester Town station which is 1.2 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, Creffield Road, Colchester, 38.3% of property is privately owned with a mortgage and 31.3% 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 40, Creffield Road, Colchester, 21.6% of residents are recorded as possessing school level qualifications and 60.9% 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, Creffield 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, Creffield 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, Creffield Road, 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.