According to the public record, 60, Hamlet Drive, Colchester is a mid-century apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Hamlet Drive, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
60, Hamlet Drive, Colchester has no records in the Land Registry database and a single entry in the EPC database dated September 2016.
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 60 Hamlet Drive Colchester as £144,178 and the rental value as £861 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 60 Hamlet Drive Colchester has increased by £651 (0.5%) and its rental value has increased by £65 per month (7.6%).
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 60, Hamlet Drive, Colchester is in very good condition we estimate a sale value of £151,387 and rental value of £904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,085 and a rental value of £801 per month.
If you were able to purchase this property for the estimated value of £144,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £709 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Hamlet Drive, Colchester within a radius of 590 metres over the last 2 years.
The most recent example is 32, Ferdinand Walk, Colchester, CO4 3TT, a Leasehold flat which sold for £140,000 in Sep 2021.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hamlet Drive, Colchester, CO4 has a total of 64 addresses. According to our analysis of all the public data, 60, Hamlet Drive, Colchester is the 54th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in CO4.
60, Hamlet Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2016.
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 60, Hamlet Drive, 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 60, Hamlet Drive, 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 60, Hamlet Drive, 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 60, Hamlet Drive, 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 60, Hamlet Drive, 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 60, Hamlet Drive, 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.