According to the public record, 53, North Hill, Colchester is a modern freehold house with 2,206 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
North Hill, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
53, North Hill, Colchester has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated November 2020.
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 53 North Hill Colchester as £617,748 and the rental value as £2,030 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 53 North Hill Colchester has decreased by £13,385 (2.2%) and its rental value has increased by £115 per month (5.7%).
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 53, North Hill, Colchester is in very good condition we estimate a sale value of £648,635 and rental value of £2,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,505 and a rental value of £1,888 per month.
If you were able to purchase this property for the estimated value of £617,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,036 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, 53, North Hill, Colchester sits on a plot of 272m2.
We have plot size data on 1 out of 6 other houses in the postcode and 53, North Hill, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 53, North Hill, Colchester was last sold on 13 Aug 2021 for £595,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, North Hill, Colchester within a radius of 430 metres over the last 2 years.
The most recent example is 3, Francis Kellerman Walk, Colchester, CO3 3EJ, a Freehold house which sold for £475,000 in May 2021.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Hill, Colchester, CO1 has a total of 75 addresses. According to our analysis of all the public data, 53, North Hill, Colchester is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £355k more expensive than the average property in CO1.
53, North Hill, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Nov 2020.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 53, North Hill, Colchester is Colchester Town station which is 800 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 53, North Hill, Colchester, 57.4% of property is socially rented and 18.9% is privately 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 53, North Hill, Colchester, 14.3% of residents are recorded as possessing school level qualifications and 37.5% 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, North Hill, Colchester, the average age was 40 and the most common age was 27.
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, North Hill, Colchester, 0.3% 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, North Hill, Colchester, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.