According to the public record, 74, Peache Road, Colchester is a modern Leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Peache Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
74, Peache Road, Colchester has 2 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated July 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 74 Peache Road Colchester as £212,308 and the rental value as £966 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 74 Peache Road Colchester has increased by £1,301 (0.6%) and its rental value has increased by £89 per month (9.2%).
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 74, Peache Road, Colchester is in very good condition we estimate a sale value of £222,923 and rental value of £1,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,446 and a rental value of £899 per month.
If you were able to purchase this property for the estimated value of £212,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,043 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, 74, Peache Road, Colchester was last sold on 08 Apr 2024 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2024, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Peache Road, Colchester within a radius of 430 metres over the last 2 years.
The most recent example is 30, Peache Road, Colchester, CO1 2FS, a Leasehold flat which sold for £200,000 in Dec 2021.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peache Road, Colchester, CO1 has a total of 95 addresses. According to our analysis of all the public data, 74, Peache Road, Colchester is the 91st largest and the 88th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in CO1.
74, Peache Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 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 74, Peache Road, Colchester is Hythe (Essex) 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 74, Peache Road, Colchester, 36.7% of property is privately rented and 26.6% 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 74, Peache Road, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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 74, Peache Road, 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 74, Peache Road, 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 74, Peache Road, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.