According to the public record, 8, Rambler Close, Colchester is a mid-century freehold house with 635 ft2 of internal area and sits on a 282 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rambler Close, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
8, Rambler Close, Colchester has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated January 2015.
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 Rambler Close Colchester as £310,706 and the rental value as £1,312 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Rambler Close Colchester has decreased by £842 (0.3%) and its rental value has increased by £61 per month (4.6%).
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, Rambler Close, Colchester is in very good condition we estimate a sale value of £326,241 and rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,956 and a rental value of £1,220 per month.
If you were able to purchase this property for the estimated value of £310,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,527 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, Rambler Close, Colchester sits on a plot of 282m2.
We have plot size data on 8 out of 14 other houses in the postcode and 8, Rambler Close, Colchester sits on the 8th largest plot.
According to HM Land Registry, 8, Rambler Close, Colchester was last sold on 20 Mar 2015 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 37.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rambler Close, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 19, Sweet Briar Road, Colchester, CO3 0HJ, a Freehold house which sold for £190,000 in Sep 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rambler Close, Stanway, Colchester, CO3 has a total of 14 addresses. According to our analysis of all the public data, 8, Rambler Close, Colchester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in CO3.
8, Rambler Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2015.
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, Rambler Close, Colchester is Colchester station which is 3.7 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, Rambler Close, Colchester, 72.7% of property is privately owned outright and 21.4% 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, Rambler Close, Colchester, 9.8% of residents are recorded as possessing school level qualifications and 21.4% 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, Rambler Close, Colchester, the average age was 41.8 and the most common age was 32.
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, Rambler Close, 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, Rambler Close, 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.