According to the public record, 61, South Street, Colchester is a period freehold house with 684 ft2 of internal area and sits on a 78.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
South Street, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
61, South Street, Colchester has 31 entries in the Land Registry database, most recently in June 2006 and a single entry in the EPC database dated January 2011.
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 61 South Street Colchester as £242,946 and the rental value as £1,163 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 61 South Street Colchester has decreased by £2,319 (1.0%) and its rental value has increased by £91 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 61, South Street, Colchester is in very good condition we estimate a sale value of £255,093 and rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,939 and a rental value of £1,082 per month.
If you were able to purchase this property for the estimated value of £242,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,194 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, 61, South Street, Colchester sits on a plot of 78m2.
We have plot size data on 24 out of 36 other houses in the postcode and 61, South Street, Colchester sits on the 19th largest plot.
According to HM Land Registry, 61, South Street, Colchester was last sold on 28 Jun 2006 for £136,000 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 61, South Street, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is 19, Cedars Road, Colchester, CO2 7BS, a Freehold house which sold for £225,000 in Sep 2022.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Colchester, CO2 has a total of 86 addresses. According to our analysis of all the public data, 61, South Street, Colchester is the 27th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in CO2.
61, South Street, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2011.
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 61, South Street, Colchester is Colchester Town station which is 500 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 61, South 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 61, South 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 61, South 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 61, South 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 61, South 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.