According to the public record, 54, Roman Road, Colchester is a period freehold house with 1,076 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Roman Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
54, Roman Road, Colchester has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated December 2021.
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 54 Roman Road Colchester as £379,803 and the rental value as £1,368 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 54 Roman Road Colchester has decreased by £4,730 (1.2%) and its rental value has increased by £70 per month (5.1%).
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 54, Roman Road, Colchester is in very good condition we estimate a sale value of £398,793 and rental value of £1,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,217 and a rental value of £1,273 per month.
If you were able to purchase this property for the estimated value of £379,803, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,867 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, 54, Roman Road, Colchester sits on a plot of 128m2.
We have plot size data on 22 out of 34 other houses in the postcode and 54, Roman Road, Colchester sits on the 18th largest plot.
According to HM Land Registry, 54, Roman Road, Colchester was last sold on 28 Feb 2022 for £335,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Roman Road, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 25, Castle Road, Colchester, CO1 1UW, a Freehold house which sold for £505,000 in Jul 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roman Road, Colchester, CO1 has a total of 83 addresses. According to our analysis of all the public data, 54, Roman Road, Colchester is the 28th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in CO1.
54, Roman Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 54, Roman Road, Colchester is Colchester Town station which is 600 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 54, Roman Road, Colchester, 44.1% of property is privately owned outright and 28.8% 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 54, Roman Road, Colchester, 10.5% of residents are recorded as possessing school level qualifications and 63.5% 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 54, Roman Road, 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 54, Roman 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 54, Roman Road, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.