According to the public record, 7, Charles Street, Colchester is a period freehold house and with 861 ft2 of internal area and sits on a 73.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Charles Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
7, Charles Street, Colchester has 31 entries in the Land Registry database, most recently in July 2006 and 2 entries in the EPC database, most recently in December 2021.
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 Charles Street Colchester as £257,362 and the rental value as £1,241 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 7 Charles Street Colchester has decreased by £2,648 (1.0%) and its rental value has increased by £96 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 7, Charles Street, Colchester is in very good condition we estimate a sale value of £270,230 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,347 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £257,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,265 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, Charles Street, Colchester sits on a plot of 74m2.
We have plot size data on 24 out of 33 other houses in the postcode and 7, Charles Street, Colchester sits on the 20th largest plot.
According to HM Land Registry, 7, Charles Street, Colchester was last sold on 14 Jul 2006 for £146,000 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 7, Charles Street, Colchester within a radius of 61m over the last 2 years.
The most recent example is 33, Kendall Road, Colchester, CO1 2BS, a Freehold house which sold for £273,000 in Dec 2022.
Read more about house prices in CO1.
Charles Street, Colchester, CO1 has a total of 40 addresses. According to our analysis of all the public data, 7, Charles Street, Colchester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in CO1.
7, Charles Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2021.
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, Charles Street, Colchester is Colchester Town station which is 500 m 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, Charles Street, Colchester, 41.3% of property is privately rented and 24.0% is socially rented.
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, Charles Street, Colchester, 17.3% of residents are recorded as possessing school level qualifications and 26.8% 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, Charles 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 7, Charles Street, Colchester, 0.7% 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, Charles Street, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.