According to the public record, 52, Mersea Avenue, Colchester is a mid-century freehold house and with 733 ft2 of internal area and sits on a 486 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Mersea Avenue, West Mersea, Colchester, CO5 is located in the borough of Colchester within the CO5 postal district.
52, Mersea Avenue, Colchester has a single entry in the Land Registry database from January 2010 and a single entry in the EPC database dated September 2009.
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 52 Mersea Avenue Colchester as £334,550 and the rental value as £1,411 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 52 Mersea Avenue Colchester has decreased by £3,933 (1.2%) and its rental value has increased by £93 per month (6.6%).
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 52, Mersea Avenue, Colchester is in very good condition we estimate a sale value of £351,278 and rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,132 and a rental value of £1,312 per month.
If you were able to purchase this property for the estimated value of £334,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,644 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, 52, Mersea Avenue, Colchester sits on a plot of 486m2.
We have plot size data on 26 out of 53 other houses in the postcode and 52, Mersea Avenue, Colchester sits on the 13th largest plot.
According to HM Land Registry, 52, Mersea Avenue, Colchester was last sold on 29 Jan 2010 for £222,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2010, the market for similar properties has risen 73.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Mersea Avenue, Colchester within a radius of 287m over the last 2 years.
The most recent example is 55, Whittaker Way, Colchester, CO5 8LB, a Freehold house which sold for £415,000 in Apr 2023.
Read more about house prices in CO5.
Mersea Avenue, West Mersea, Colchester, CO5 has a total of 53 addresses. According to our analysis of all the public data, 52, Mersea Avenue, Colchester is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in CO5.
52, Mersea Avenue, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Sep 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and radiators.
The closest station to 52, Mersea Avenue, Colchester is Wivenhoe station which is 9.2 km 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 52, Mersea Avenue, Colchester, 52.0% of property is privately owned outright and 22.1% 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 52, Mersea Avenue, Colchester, 13.7% of residents are recorded as possessing school level qualifications and 29.6% 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 52, Mersea Avenue, Colchester, the average age was 51.3 and the most common age was 72.
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 52, Mersea Avenue, Colchester, 0.7% 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 52, Mersea Avenue, 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.