According to the public record, 5, Joslin Close, Colchester is a modern freehold house with 1,119 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Joslin Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
5, Joslin Close, Colchester has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated January 2021.
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 good condition, we estimate the current sale value for 5 Joslin Close Colchester as £372,096 and the rental value as £1,619 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 5 Joslin Close Colchester has decreased by £5,869 (1.6%) and its rental value has increased by £79 per month (4.9%).
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 5, Joslin Close, Colchester is in very good condition we estimate a sale value of £390,701 and rental value of £1,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,049 and a rental value of £1,506 per month.
If you were able to purchase this property for the estimated value of £372,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,829 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, 5, Joslin Close, Colchester sits on a plot of 230m2.
We have plot size data on 7 out of 12 other houses in the postcode and 5, Joslin Close, Colchester sits on the 6th largest plot.
According to HM Land Registry, 5, Joslin Close, Colchester was last sold on 17 Feb 2021 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Joslin Close, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 2, Joslin Close, Colchester, CO4 3GQ, a Freehold house which sold for £360,000 in Sep 2021.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Joslin Close, Colchester, CO4 has a total of 12 addresses. According to our analysis of all the public data, 5, Joslin Close, Colchester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in CO4.
5, Joslin Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Joslin Close, Colchester is Hythe (Essex) station which is 1.5 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 5, Joslin Close, Colchester, 39.1% of property is socially rented and 29.0% 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 5, Joslin Close, Colchester, 26.5% of residents are recorded as possessing school level qualifications and 16.8% 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 5, Joslin Close, 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 5, Joslin Close, Colchester, 0.5% 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 5, Joslin Close, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.