According to the public record, 6, Othello Close, Colchester is a mid-century house with 785 ft2 of internal area and sits on a 516 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Othello Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
6, Othello Close, Colchester has no records in the Land Registry database and a single entry in the EPC database dated June 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 6 Othello Close Colchester as £235,650 and the rental value as £1,222 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 6 Othello Close Colchester has decreased by £868 (0.4%) and its rental value has increased by £82 per month (6.7%).
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, Othello Close, Colchester is in very good condition we estimate a sale value of £247,432 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,154 and a rental value of £1,137 per month.
If you were able to purchase this property for the estimated value of £235,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,158 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, Othello Close, Colchester sits on a plot of 516m2.
We have plot size data on 20 out of 30 other houses in the postcode and 6, Othello Close, Colchester sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Othello Close, Colchester within a radius of 640 metres over the last 2 years.
The most recent example is 30, Avon Way, Colchester, CO4 3TP, a Freehold house which sold for £230,000 in Apr 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Othello Close, Colchester, CO4 has a total of 30 addresses. According to our analysis of all the public data, 6, Othello Close, Colchester is the 30th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in CO4.
6, Othello Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2022.
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 6, Othello Close, Colchester is Hythe (Essex) station which is 1.4 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 6, Othello Close, Colchester, 38.9% of property is socially rented and 25.2% 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 6, Othello Close, Colchester, 37.9% of residents are recorded as possessing school level qualifications and 15.1% 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 6, Othello Close, Colchester, the average age was 32.8 and the most common age was 22.
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, Othello Close, 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, Othello Close, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.