According to the public record, 51, Lisle Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 908 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lisle Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
51, Lisle Road, Colchester has 31 entries in the Land Registry database, most recently in August 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 51 Lisle Road Colchester as £250,098 and the rental value as £1,242 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 51 Lisle Road Colchester has decreased by £2,465 (1.0%) and its rental value has increased by £98 per month (7.9%).
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 51, Lisle Road, Colchester is in very good condition we estimate a sale value of £262,603 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,591 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £250,098, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,229 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 HM Land Registry, 51, Lisle Road, Colchester was last sold on 23 Aug 2019 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2019, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Lisle Road, Colchester within a radius of 410 metres over the last 2 years.
The most recent example is 38, Lisle Road, Colchester, CO2 7SB, a Freehold house which sold for £215,000 in May 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lisle Road, Colchester, CO2 has a total of 112 addresses. According to our analysis of all the public data, 51, Lisle Road, Colchester is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in CO2.
The closest station to 51, Lisle Road, Colchester is Colchester Town station which is 700 metres 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 51, Lisle Road, Colchester, 36.7% of property is privately rented and 26.6% is socially rented.
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 51, Lisle Road, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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 51, Lisle Road, Colchester, the average age was 33.3 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 51, Lisle Road, 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 51, Lisle Road, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.