According to the public record, 6 The Technique Building, Stockwell, Colchester is a mid-century apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 6, Stockwell, Colchester, CO1.
Stockwell, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
6 The Technique Building, Stockwell, Colchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2019.
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 The Technique Building Stockwell Colchester as £237,990 and the rental value as £1,095 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 6 The Technique Building Stockwell Colchester has increased by £3,075 (1.3%) and its rental value has increased by £106 per month (9.6%).
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 The Technique Building, Stockwell, Colchester is in very good condition we estimate a sale value of £249,890 and rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,331 and a rental value of £1,018 per month.
If you were able to purchase this property for the estimated value of £237,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,170 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 HM Land Registry, 6 The Technique Building, Stockwell, Colchester was last sold on 21 Sep 2001 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 The Technique Building, Stockwell, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is Flat 51, Dutch Quarter Apartments, West Stockwell Street, Colchester, CO1 1FQ, a Leasehold flat which sold for £320,000 in Jan 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stockwell, Colchester, CO1 has a total of 21 addresses. According to our analysis of all the public data, 6 The Technique Building, Stockwell, Colchester is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in CO1.
6 The Technique Building, Stockwell, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Nov 2019.
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 The Technique Building, Stockwell, Colchester is Colchester Town station which is 700 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 6 The Technique Building, Stockwell, 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 6 The Technique Building, Stockwell, 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 6 The Technique Building, Stockwell, 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 6 The Technique Building, Stockwell, 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 6 The Technique Building, Stockwell, 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.