According to the public record, 7, Roach Vale, Colchester is a mid-century freehold house with 1,367 ft2 of internal area and sits on a 319 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Roach Vale, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
7, Roach Vale, Colchester has 4 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated August 2012.
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 Roach Vale Colchester as £393,258 and the rental value as £1,669 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Roach Vale Colchester has decreased by £7,730 (2.0%) and its rental value has increased by £60 per month (3.6%).
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 7, Roach Vale, Colchester is in very good condition we estimate a sale value of £412,921 and rental value of £1,752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,730 and a rental value of £1,552 per month.
If you were able to purchase this property for the estimated value of £393,258, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,933 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, Roach Vale, Colchester sits on a plot of 319m2.
We have plot size data on 33 out of 50 other houses in the postcode and 7, Roach Vale, Colchester sits on the 7th largest plot.
According to HM Land Registry, 7, Roach Vale, Colchester was last sold on 20 Oct 2017 for £379,995 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2017, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Roach Vale, Colchester within a radius of 720 metres over the last 2 years.
The most recent example is 9, St. Johns Road, Colchester, CO4 0JW, a Freehold house which sold for £445,000 in Sep 2023.
Read more about house prices in CO4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roach Vale, Colchester, CO4 has a total of 70 addresses. According to our analysis of all the public data, 7, Roach Vale, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in CO4.
7, Roach Vale, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2012.
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, Roach Vale, Colchester is Hythe (Essex) station which is 1.7 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, Roach Vale, Colchester, 44.0% of property is privately owned with a mortgage and 26.4% 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 7, Roach Vale, Colchester, 20.2% of residents are recorded as possessing school level qualifications and 26.1% 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 7, Roach Vale, Colchester, the average age was 43 and the most common age was 52.
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, Roach Vale, 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, Roach Vale, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.