According to the public record, 59, Straight Road, Colchester is a period freehold house with 1,119 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Straight Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
59, Straight Road, Colchester has 41 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated February 2012.
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 59 Straight Road Colchester as £359,210 and the rental value as £1,619 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 59 Straight Road Colchester has decreased by £3,079 (0.9%) and its rental value has increased by £64 per month (3.9%).
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 59, Straight Road, Colchester is in very good condition we estimate a sale value of £377,170 and rental value of £1,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,065 and a rental value of £1,506 per month.
If you were able to purchase this property for the estimated value of £359,210, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,765 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, 59, Straight Road, Colchester sits on a plot of 194m2.
We have plot size data on 15 out of 20 other houses in the postcode and 59, Straight Road, Colchester sits on the 14th largest plot.
According to HM Land Registry, 59, Straight Road, Colchester was last sold on 25 Jan 2021 for £283,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2021, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Straight Road, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 18, Halstead Road, Colchester, CO3 9AE, a Freehold house which sold for £337,000 in May 2022.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Straight Road, Colchester, CO3 has a total of 305 addresses. According to our analysis of all the public data, 59, Straight Road, Colchester is the 152nd largest and the 205th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in CO3.
59, Straight Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2012.
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 59, Straight Road, Colchester is Colchester station which is 3.1 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 59, Straight Road, Colchester, 40.9% of property is privately owned with a mortgage and 35.2% is privately owned outright.
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 59, Straight Road, Colchester, 17.8% of residents are recorded as possessing school level qualifications and 30.1% 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 59, Straight 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 59, Straight 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 59, Straight Road, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.