According to the public record, 56, Collingwood Road, Colchester is a period house with 731 ft2 of internal area and sits on a 343 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Collingwood Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
56, Collingwood Road, Colchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2014.
We combine this information with public data 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 56 Collingwood Road Colchester as £239,690 and the rental value as £1,210 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 56 Collingwood Road Colchester has increased by £192 (0.1%) and its rental value has increased by £60 per month (4.9%).
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 56, Collingwood Road, Colchester is in very good condition we estimate a sale value of £251,674 and rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,912 and a rental value of £1,125 per month.
If you were able to purchase this property for the estimated value of £239,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,178 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, 56, Collingwood Road, Colchester sits on a plot of 343m2.
We have plot size data on 19 out of 28 other houses in the postcode and 56, Collingwood Road, Colchester sits on the 5th largest plot.
According to HM Land Registry, 56, Collingwood Road, Colchester was last sold on 30 Jun 2000 for £66,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Collingwood Road, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 2, Lanvalley Road, Colchester, CO3 9AZ, a Freehold house which sold for £290,000 in Sep 2022.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collingwood Road, Colchester, CO3 has a total of 162 addresses. According to our analysis of all the public data, 56, Collingwood Road, Colchester is the 123rd largest and the 127th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in CO3.
56, Collingwood Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 56, Collingwood Road, Colchester is Colchester station which is 3.4 kilometres 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 56, Collingwood Road, Colchester, 39.5% of property is privately owned with a mortgage and 31.0% is socially 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 56, Collingwood Road, Colchester, 27.2% of residents are recorded as possessing school level qualifications and 19.5% 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 56, Collingwood Road, Colchester, the average age was 43.4 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 56, Collingwood Road, Colchester, 1.6% 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 56, Collingwood Road, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.