According to the public record, 53, Northgate Street, Colchester is a period freehold house with 688 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Northgate Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
53, Northgate Street, Colchester has 41 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated January 2023.
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 Northgate Street Colchester as £240,440 and the rental value as £1,179 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 53 Northgate Street Colchester has decreased by £2,485 (1.0%) and its rental value has increased by £84 per month (7.1%).
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, Northgate Street, Colchester is in very good condition we estimate a sale value of £252,463 and rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,610 and a rental value of £1,097 per month.
If you were able to purchase this property for the estimated value of £240,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,182 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, Northgate Street, Colchester sits on a plot of 108m2.
We have plot size data on 27 out of 41 other houses in the postcode and 53, Northgate Street, Colchester sits on the 11th largest plot.
According to HM Land Registry, 53, Northgate Street, Colchester was last sold on 31 May 2023 for £242,100 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Northgate Street, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is 91, Northgate Street, Colchester, CO1 1EY, a Freehold house which sold for £240,000 in May 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northgate Street, Colchester, CO1 has a total of 83 addresses. According to our analysis of all the public data, 53, Northgate Street, Colchester is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in CO1.
53, Northgate Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2023.
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, Northgate Street, 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 53, Northgate Street, Colchester, 41.1% of property is privately rented and 21.3% 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 53, Northgate Street, Colchester, 16.0% of residents are recorded as possessing school level qualifications and 44.9% 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 53, Northgate Street, 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, Northgate Street, Colchester, 0.8% 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, Northgate Street, Colchester, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.