According to the public record, 8, Bourne Road, Colchester is a period freehold house with 753 ft2 of internal area and sits on a 86.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bourne Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
8, Bourne Road, Colchester has 21 entries in the Land Registry database, most recently in January 2016 and a single entry in the EPC database dated April 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 8 Bourne Road Colchester as £242,476 and the rental value as £1,190 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Bourne Road Colchester has decreased by £2,390 (1.0%) and its rental value has increased by £94 per month (7.9%).
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 8, Bourne Road, Colchester is in very good condition we estimate a sale value of £254,600 and rental value of £1,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,503 and a rental value of £1,107 per month.
If you were able to purchase this property for the estimated value of £242,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,192 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, 8, Bourne Road, Colchester sits on a plot of 87m2.
We have plot size data on 15 out of 25 other houses in the postcode and 8, Bourne Road, Colchester sits on the 13th largest plot.
According to HM Land Registry, 8, Bourne Road, Colchester was last sold on 20 Jan 2016 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2016, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bourne Road, Colchester within a radius of 420 metres over the last 2 years.
The most recent example is 138, Canterbury Road, Colchester, CO2 7RY, a Freehold house which sold for £260,000 in Jul 2024.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourne Road, Colchester, CO2 has a total of 133 addresses. According to our analysis of all the public data, 8, Bourne Road, Colchester is the 87th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in CO2.
8, Bourne Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 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 8, Bourne Road, Colchester is Colchester Town station which is 1.0 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 8, Bourne Road, Colchester, 37.5% of property is privately owned with a mortgage and 32.4% is privately 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 8, Bourne Road, Colchester, 22.8% of residents are recorded as possessing school level qualifications and 40.1% 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 8, Bourne 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 8, Bourne 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 8, Bourne 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.