According to the public record, 72, Wivenhoe Road, Colchester is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wivenhoe Road, Alresford, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
72, Wivenhoe Road, Colchester has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated May 2023.
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 72 Wivenhoe Road Colchester as £194,083 and the rental value as £973 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 72 Wivenhoe Road Colchester has decreased by £351 (0.2%) and its rental value has increased by £94 per month (9.7%).
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 72, Wivenhoe Road, Colchester is in very good condition we estimate a sale value of £203,787 and rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,497 and a rental value of £905 per month.
If you were able to purchase this property for the estimated value of £194,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £954 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 HM Land Registry, 72, Wivenhoe Road, Colchester was last sold on 19 Dec 2023 for £187,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Wivenhoe Road, Colchester within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 1, De Staunton Close, Colchester, CO7 8AL, a Leasehold flat which sold for £185,000 in Dec 2023.
Read more about house prices in CO7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wivenhoe Road, Alresford, Colchester, CO7 has a total of 172 addresses. According to our analysis of all the public data, 72, Wivenhoe Road, Colchester is the 156th largest and the 161st most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in CO7.
72, Wivenhoe Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 72, Wivenhoe Road, Colchester is Alresford (Essex) station which is 300 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 72, Wivenhoe Road, Colchester, 39.8% of property is privately owned outright and 32.7% 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 72, Wivenhoe Road, Colchester, 17.5% of residents are recorded as possessing school level qualifications and 18.1% 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 72, Wivenhoe Road, Colchester, the average age was 45.8 and the most common age was 72.
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 72, Wivenhoe Road, Colchester, 0.4% 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 72, Wivenhoe Road, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.