According to the public record, 56, West Stockwell Street, Colchester is a period freehold house with 1,044 ft2 of internal area and sits on a 97.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Stockwell Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
56, West Stockwell Street, Colchester has 2 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated January 2022.
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 56 West Stockwell Street Colchester as £401,111 and the rental value as £1,329 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 56 West Stockwell Street Colchester has decreased by £4,145 (1.0%) and its rental value has increased by £95 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 56, West Stockwell Street, Colchester is in very good condition we estimate a sale value of £421,167 and rental value of £1,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,033 and a rental value of £1,236 per month.
If you were able to purchase this property for the estimated value of £401,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,971 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, West Stockwell Street, Colchester sits on a plot of 97m2.
We have plot size data on 4 out of 10 other houses in the postcode and 56, West Stockwell Street, Colchester sits on the 6th largest plot.
According to HM Land Registry, 56, West Stockwell Street, Colchester was last sold on 10 Jan 2014 for £191,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, West Stockwell Street, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is 30, Northgate Street, Colchester, CO1 1EZ, a Freehold house which sold for £385,000 in Jun 2021.
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, 56, West Stockwell Street, Colchester is the 22nd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in CO1.
56, West Stockwell Street, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 56, 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 56, 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 56, 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 56, 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 56, 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 56, 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.