According to the public record, 76, Port Lane, Colchester is a modern freehold house with 667 ft2 of internal area and sits on a 82 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Port Lane, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
76, Port Lane, Colchester has 2 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated July 2020.
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 76 Port Lane Colchester as £241,124 and the rental value as £1,156 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 76 Port Lane Colchester has decreased by £2,207 (0.9%) and its rental value has increased by £91 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 76, Port Lane, Colchester is in very good condition we estimate a sale value of £253,180 and rental value of £1,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,245 and a rental value of £1,075 per month.
If you were able to purchase this property for the estimated value of £241,124, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,185 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, 76, Port Lane, Colchester sits on a plot of 82m2.
We have plot size data on 28 out of 28 other houses in the postcode and 76, Port Lane, Colchester sits on the 11th largest plot.
According to HM Land Registry, 76, Port Lane, Colchester was last sold on 28 Jul 2017 for £210,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Port Lane, Colchester within a radius of 450 metres over the last 2 years.
The most recent example is 74, Port Lane, Colchester, CO1 2FT, a Freehold house which sold for £250,000 in Jun 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Port Lane, Colchester, CO1 has a total of 95 addresses. According to our analysis of all the public data, 76, Port Lane, Colchester is the 59th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in CO1.
76, Port Lane, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2020.
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 76, Port Lane, Colchester is Hythe (Essex) station which is 600 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 76, Port Lane, Colchester, 46.5% of property is privately rented and 32.9% 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 76, Port Lane, Colchester, 21.5% of residents are recorded as possessing school level qualifications and 39.5% 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 76, Port Lane, 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 76, Port Lane, 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 76, Port Lane, 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.