According to the public record, 43, Queen Mary Avenue, Colchester is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 310 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Queen Mary Avenue, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
43, Queen Mary Avenue, Colchester has 31 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated January 2023.
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 43 Queen Mary Avenue Colchester as £356,647 and the rental value as £1,436 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 43 Queen Mary Avenue Colchester has decreased by £5,872 (1.6%) and its rental value has increased by £101 per month (7.0%).
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 43, Queen Mary Avenue, Colchester is in very good condition we estimate a sale value of £374,479 and rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,682 and a rental value of £1,335 per month.
If you were able to purchase this property for the estimated value of £356,647, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,753 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, 43, Queen Mary Avenue, Colchester sits on a plot of 310m2.
We have plot size data on 16 out of 23 other houses in the postcode and 43, Queen Mary Avenue, Colchester sits on the 7th largest plot.
According to HM Land Registry, 43, Queen Mary Avenue, Colchester was last sold on 10 Jul 2023 for £362,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Queen Mary Avenue, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 49, Meyrick Crescent, Colchester, CO2 7QY, a Freehold house which sold for £277,500 in Aug 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queen Mary Avenue, Colchester, CO2 has a total of 88 addresses. According to our analysis of all the public data, 43, Queen Mary Avenue, Colchester is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in CO2.
43, Queen Mary Avenue, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 43, Queen Mary Avenue, 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 43, Queen Mary Avenue, Colchester, 43.8% of property is privately owned outright and 32.1% 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 43, Queen Mary Avenue, Colchester, 12.3% of residents are recorded as possessing school level qualifications and 24.6% 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 43, Queen Mary Avenue, Colchester, the average age was 37.2 and the most common age was 32.
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 43, Queen Mary Avenue, Colchester, 0.0% 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 43, Queen Mary Avenue, 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.