According to the public record, 8, Bristol Road, Colchester is a mid-century freehold house with 968 ft2 of internal area and sits on a 211 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bristol Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
8, Bristol Road, Colchester has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated February 2022.
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 Bristol Road Colchester as £315,879 and the rental value as £1,381 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Bristol Road Colchester has decreased by £3,934 (1.2%) and its rental value has increased by £70 per month (5.1%).
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, Bristol Road, Colchester is in very good condition we estimate a sale value of £331,673 and rental value of £1,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,767 and a rental value of £1,285 per month.
If you were able to purchase this property for the estimated value of £315,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, Bristol Road, Colchester sits on a plot of 211m2.
We have plot size data on 18 out of 38 other houses in the postcode and 8, Bristol Road, Colchester sits on the 17th largest plot.
According to HM Land Registry, 8, Bristol Road, Colchester was last sold on 30 Jun 2022 for £324,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bristol Road, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 4, Carlisle Close, Colchester, CO1 2YT, a Freehold house which sold for £290,000 in Nov 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bristol Road, Colchester, CO1 has a total of 38 addresses. According to our analysis of all the public data, 8, Bristol Road, Colchester is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in CO1.
8, Bristol Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 8, Bristol 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, Bristol Road, Colchester, 44.1% of property is privately owned outright and 28.8% 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 8, Bristol Road, Colchester, 10.5% of residents are recorded as possessing school level qualifications and 63.5% 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 8, Bristol Road, Colchester, the average age was 40 and the most common age was 27.
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, Bristol 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, Bristol Road, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.