According to the public record, 8, Drury Road, Colchester is a period house with 1,033 ft2 of internal area and sits on a 375 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Drury Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
8, Drury Road, Colchester has no records in the Land Registry database and a single entry in the EPC database dated March 2021.
We combine this information with public data 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 Drury Road Colchester as £369,770 and the rental value as £1,382 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Drury Road Colchester has decreased by £5,233 (1.4%) and its rental value has increased by £81 per month (5.9%).
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, Drury Road, Colchester is in very good condition we estimate a sale value of £388,259 and rental value of £1,451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,886 and a rental value of £1,285 per month.
If you were able to purchase this property for the estimated value of £369,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,817 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, Drury Road, Colchester sits on a plot of 375m2.
We have plot size data on 3 out of 8 other houses in the postcode and 8, Drury Road, Colchester sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Drury Road, Colchester within a radius of 580 metres over the last 2 years.
The most recent example is 31, Drury Road, Colchester, CO2 7UX, a Freehold house which sold for £355,000 in Feb 2024.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drury Road, Colchester, CO2 has a total of 115 addresses. According to our analysis of all the public data, 8, Drury Road, Colchester is the 46th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in CO2.
8, Drury Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 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 8, Drury Road, Colchester is Colchester Town station which is 1.5 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, Drury Road, Colchester, 46.2% of property is privately owned outright and 41.2% 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, Drury Road, Colchester, 24.6% of residents are recorded as possessing school level qualifications and 55.7% 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, Drury Road, Colchester, the average age was 37.4 and the most common age was 47.
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, Drury Road, Colchester, 0.3% 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, Drury 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.