According to the public record, 6, Homefield Way, Colchester is a modern freehold house and with 599 ft2 of internal area and sits on a 174 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Homefield Way, Earls Colne, Colchester, CO6 is located in the borough of Braintree within the CO6 postal district.
6, Homefield Way, Colchester has a single entry in the Land Registry database from August 2006 and a single entry in the EPC database dated June 2009.
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 6 Homefield Way Colchester as £287,885 and the rental value as £1,127 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 6 Homefield Way Colchester has decreased by £2,033 (0.7%) and its rental value has increased by £53 per month (4.7%).
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 6, Homefield Way, Colchester is in very good condition we estimate a sale value of £302,280 and rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,733 and a rental value of £1,048 per month.
If you were able to purchase this property for the estimated value of £287,885, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,415 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, 6, Homefield Way, Colchester sits on a plot of 174m2.
We have plot size data on 20 out of 31 other houses in the postcode and 6, Homefield Way, Colchester sits on the 18th largest plot.
According to HM Land Registry, 6, Homefield Way, Colchester was last sold on 16 Aug 2006 for £138,000 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 6, Homefield Way, Colchester within a radius of 242m over the last 2 years.
The most recent example is 20, Homefield Way, Colchester, CO6 2SP, a Freehold house which sold for £345,000 in Sep 2021.
Read more about house prices in CO6.
Homefield Way, Earls Colne, Colchester, CO6 has a total of 53 addresses. According to our analysis of all the public data, 6, Homefield Way, Colchester is the 42nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in CO6.
6, Homefield Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 6, Homefield Way, Colchester is Chappel & Wakes Colne station which is 4.2 km 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 6, Homefield Way, Colchester, 36.2% of property is privately owned outright and 26.0% 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 6, Homefield Way, Colchester, 18.6% of residents are recorded as possessing school level qualifications and 28.2% 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 6, Homefield Way, Colchester, the average age was 43.9 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 6, Homefield Way, 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 6, Homefield Way, 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.