According to the public record, 6, Wellington Street, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 667 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wellington Street, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
6, Wellington Street, Colchester has 31 entries in the Land Registry database, most recently in August 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Wellington Street Colchester as £241,844 and the rental value as £1,204 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 6 Wellington Street Colchester has decreased by £2,309 (1.0%) and its rental value has increased by £94 per month (7.8%).
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, Wellington Street, Colchester is in very good condition we estimate a sale value of £253,936 and rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,915 and a rental value of £1,120 per month.
If you were able to purchase this property for the estimated value of £241,844, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,189 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, Wellington Street, Colchester was last sold on 04 Aug 2006 for £156,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Wellington Street, Colchester within a radius of 460 metres over the last 2 years.
The most recent example is 17, Burlington Road, Colchester, CO3 3AJ, a Freehold house which sold for £270,000 in Apr 2024.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Street, Colchester, CO2 has a total of 11 addresses. According to our analysis of all the public data, 6, Wellington Street, Colchester is the 9th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in CO2.
The closest station to 6, Wellington Street, Colchester is Colchester Town station which is 600 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, Wellington Street, Colchester, 52.4% of property is privately rented and 18.4% 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, Wellington Street, Colchester, 15.5% of residents are recorded as possessing school level qualifications and 36.2% 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, Wellington Street, Colchester, the average age was 33.3 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, Wellington Street, 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, Wellington Street, 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.