According to the public record, 56, Hunting Gate, Colchester is a modern apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Hunting Gate, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
56, Hunting Gate, Colchester has no records in the Land Registry database and a single entry in the EPC database dated August 2022.
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 Hunting Gate Colchester as £137,260 and the rental value as £776 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 56 Hunting Gate Colchester has increased by £322 (0.2%) and its rental value has increased by £63 per month (8.1%).
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 56, Hunting Gate, Colchester is in very good condition we estimate a sale value of £144,123 and rental value of £815 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,652 and a rental value of £721 per month.
If you were able to purchase this property for the estimated value of £137,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £675 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Hunting Gate, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 99, Hunting Gate, Colchester, CO1 2XE, a Leasehold flat which sold for £128,000 in Mar 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hunting Gate, Colchester, CO1 has a total of 86 addresses. According to our analysis of all the public data, 56, Hunting Gate, Colchester is the 55th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in CO1.
56, Hunting Gate, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 56, Hunting Gate, Colchester is Hythe (Essex) station which is 400 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 56, Hunting Gate, Colchester, 50.0% of property is privately rented and 18.1% 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, Hunting Gate, Colchester, 17.1% of residents are recorded as possessing school level qualifications and 31.0% 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, Hunting Gate, Colchester, the average age was 43 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, Hunting Gate, 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 56, Hunting Gate, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.