According to the public record, 53, Bromley Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 635 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Bromley Road, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
53, Bromley Road, Colchester has 31 entries in the Land Registry database, most recently in July 2008 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 53 Bromley Road Colchester as £227,122 and the rental value as £1,170 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 53 Bromley Road Colchester has decreased by £270 (0.1%) and its rental value has increased by £75 per month (6.4%).
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 53, Bromley Road, Colchester is in very good condition we estimate a sale value of £238,478 and rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,223 and a rental value of £1,088 per month.
If you were able to purchase this property for the estimated value of £227,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,116 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, 53, Bromley Road, Colchester was last sold on 31 Jul 2008 for £122,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2008, the market for similar properties has risen 79.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Bromley Road, Colchester within a radius of 372m over the last 2 years.
The most recent example is 37, Orwell Close, Colchester, CO4 3YW, a Freehold house which sold for £248,000 in Jan 2024.
Read more about house prices in CO4.
Bromley Road, Colchester, CO4 has a total of 77 addresses. According to our analysis of all the public data, 53, Bromley Road, Colchester is the 64th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in CO4.
The closest station to 53, Bromley Road, Colchester is Hythe (Essex) station which is 1.5 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 53, Bromley Road, 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 53, Bromley Road, 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 53, Bromley Road, 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 53, Bromley Road, 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 53, Bromley Road, 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.