According to the public record, 55, West Stockwell Street, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 641 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
West Stockwell Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
55, West Stockwell Street, Colchester has a single entry in the Land Registry database from July 2016 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 55 West Stockwell Street Colchester as £303,357 and the rental value as £1,086 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 55 West Stockwell Street Colchester has decreased by £1,790 (0.6%) and its rental value has increased by £83 per month (7.6%).
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 55, West Stockwell Street, Colchester is in very good condition we estimate a sale value of £318,525 and rental value of £1,140 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,122 and a rental value of £1,010 per month.
If you were able to purchase this property for the estimated value of £303,357, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,491 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, 55, West Stockwell Street, Colchester was last sold on 21 Jul 2016 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, West Stockwell Street, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is 3, Stockwell, Colchester, CO1 1HP, a Freehold house which sold for £290,000 in Aug 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Stockwell Street, Colchester, CO1 has a total of 116 addresses. According to our analysis of all the public data, 55, West Stockwell Street, Colchester is the 55th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in CO1.
The closest station to 55, West Stockwell Street, 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 55, West Stockwell 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 55, West Stockwell 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 55, West Stockwell 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 55, West Stockwell 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 55, West Stockwell 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.