According to the public record, 6, Peartree Road, Colchester is a mid-century freehold house with 850 ft2 of internal area and sits on a 275 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Peartree Road, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
6, Peartree Road, Colchester has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated October 2021.
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 Peartree Road Colchester as £308,202 and the rental value as £1,449 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 6 Peartree Road Colchester has decreased by £1,276 (0.4%) and its rental value has increased by £67 per month (4.6%).
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, Peartree Road, Colchester is in very good condition we estimate a sale value of £323,613 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,628 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £308,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,515 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, Peartree Road, Colchester sits on a plot of 275m2.
We have plot size data on 3 out of 7 other houses in the postcode and 6, Peartree Road, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 6, Peartree Road, Colchester was last sold on 16 Feb 2022 for £312,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Peartree Road, Colchester within a radius of 690 metres over the last 2 years.
The most recent example is 19, Rowan Close, Colchester, CO3 0QJ, a Freehold house which sold for £354,500 in Jun 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peartree Road, Stanway, Colchester, CO3 has a total of 30 addresses. According to our analysis of all the public data, 6, Peartree Road, Colchester is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in CO3.
6, Peartree Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 6, Peartree Road, Colchester is Marks Tey station which is 4.2 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, Peartree Road, Colchester, 48.2% of property is privately owned outright and 37.5% 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 6, Peartree Road, Colchester, 24.5% of residents are recorded as possessing school level qualifications and 26.2% 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, Peartree Road, Colchester, the average age was 41.8 and the most common age was 32.
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, Peartree Road, Colchester, 0.4% 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, Peartree Road, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.