According to the public record, 7, Almond Way, Colchester is a mid-century freehold house with 811 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Almond Way, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
7, Almond Way, Colchester has 31 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated February 2010.
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 7 Almond Way Colchester as £248,551 and the rental value as £1,282 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 7 Almond Way Colchester has decreased by £654 (0.3%) and its rental value has increased by £78 per month (6.1%).
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 7, Almond Way, Colchester is in very good condition we estimate a sale value of £260,979 and rental value of £1,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,153 and a rental value of £1,192 per month.
If you were able to purchase this property for the estimated value of £248,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,222 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, 7, Almond Way, Colchester sits on a plot of 242m2.
We have plot size data on 31 out of 36 other houses in the postcode and 7, Almond Way, Colchester sits on the 23rd largest plot.
According to HM Land Registry, 7, Almond Way, Colchester was last sold on 01 Jun 2015 for £154,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2015, the market for similar properties has risen 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Almond Way, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 13, Almond Way, Colchester, CO4 3LJ, a Freehold house which sold for £256,000 in Apr 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Almond Way, Colchester, CO4 has a total of 52 addresses. According to our analysis of all the public data, 7, Almond Way, Colchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in CO4.
7, Almond Way, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Feb 2010.
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 7, Almond Way, Colchester is Hythe (Essex) station which is 1.1 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 7, Almond Way, Colchester, 63.7% of property is socially rented and 18.6% 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 7, Almond Way, Colchester, 21.5% of residents are recorded as possessing school level qualifications and 14.0% 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 7, Almond Way, 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 7, Almond Way, 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 7, Almond Way, 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.