According to the public record, 8, St. Albans Road, Colchester is a period freehold house with 893 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
St. Albans Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
8, St. Albans Road, Colchester has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated June 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 St. Albans Road Colchester as £321,022 and the rental value as £1,407 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 St. Albans Road Colchester has decreased by £2,181 (0.7%) and its rental value has increased by £99 per month (7.0%).
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, St. Albans Road, Colchester is in very good condition we estimate a sale value of £337,073 and rental value of £1,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,550 and a rental value of £1,309 per month.
If you were able to purchase this property for the estimated value of £321,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,578 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, St. Albans Road, Colchester sits on a plot of 165m2.
We have plot size data on 42 out of 56 other houses in the postcode and 8, St. Albans Road, Colchester sits on the 25th largest plot.
According to HM Land Registry, 8, St. Albans Road, Colchester was last sold on 25 Sep 2017 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, St. Albans Road, Colchester within a radius of 560 metres over the last 2 years.
The most recent example is 11, St. Albans Road, Colchester, CO3 3JQ, a Freehold house which sold for £270,000 in Mar 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Albans Road, Colchester, CO3 has a total of 62 addresses. According to our analysis of all the public data, 8, St. Albans Road, Colchester is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in CO3.
8, St. Albans Road, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Jun 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 8, St. Albans 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, St. Albans Road, Colchester, 46.0% of property is privately rented and 26.6% is privately owned outright.
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, St. Albans Road, Colchester, 18.8% of residents are recorded as possessing school level qualifications and 51.8% 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, St. Albans 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, St. Albans Road, Colchester, 1.7% 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, St. Albans 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.