According to the public record, 5, Othello Close, Colchester is a mid-century freehold house with 914 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Othello Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
5, Othello Close, Colchester has 31 entries in the Land Registry database, most recently in August 2012 and a single entry in the EPC database dated April 2012.
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 5 Othello Close Colchester as £243,737 and the rental value as £1,228 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Othello Close Colchester has decreased by £897 (0.4%) and its rental value has increased by £82 per month (6.7%).
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, Othello Close, Colchester is in very good condition we estimate a sale value of £255,924 and rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,675 and a rental value of £1,142 per month.
If you were able to purchase this property for the estimated value of £243,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,198 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, Othello Close, Colchester sits on a plot of 152m2.
We have plot size data on 20 out of 30 other houses in the postcode and 5, Othello Close, Colchester sits on the 10th largest plot.
According to HM Land Registry, 5, Othello Close, Colchester was last sold on 24 Aug 2012 for £150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2012, the market for similar properties has risen 70.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Othello Close, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 3, Ferdinand Walk, Colchester, CO4 3TS, a Freehold house which sold for £260,000 in Apr 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Othello Close, Colchester, CO4 has a total of 30 addresses. According to our analysis of all the public data, 5, Othello Close, Colchester is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in CO4.
5, Othello Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 2012.
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 5, Othello Close, Colchester is Hythe (Essex) station which is 1.4 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, Othello Close, Colchester, 38.9% of property is socially rented and 25.2% 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, Othello Close, Colchester, 37.9% of residents are recorded as possessing school level qualifications and 15.1% 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, Othello Close, Colchester, the average age was 32.8 and the most common age was 22.
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, Othello Close, 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 5, Othello Close, 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.