According to the public record, 8, Wickham Road, Colchester is a period freehold house with 818 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wickham Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
8, Wickham Road, Colchester has 41 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated April 2021.
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 Wickham Road Colchester as £272,046 and the rental value as £1,305 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Wickham Road Colchester has decreased by £1,624 (0.6%) and its rental value has increased by £100 per month (7.7%).
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, Wickham Road, Colchester is in very good condition we estimate a sale value of £285,648 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,002 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £272,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,337 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, Wickham Road, Colchester sits on a plot of 102m2.
We have plot size data on 30 out of 47 other houses in the postcode and 8, Wickham Road, Colchester sits on the 30th largest plot.
According to HM Land Registry, 8, Wickham Road, Colchester was last sold on 01 Apr 2022 for £235,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wickham Road, Colchester within a radius of 500 metres over the last 2 years.
The most recent example is 52, Wickham Road, Colchester, CO3 3EE, a Freehold house which sold for £280,000 in Jul 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wickham Road, Colchester, CO3 has a total of 87 addresses. According to our analysis of all the public data, 8, Wickham Road, Colchester is the 25th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in CO3.
8, Wickham Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 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, Wickham 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, Wickham Road, Colchester, 36.1% of property is privately rented and 32.8% 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, Wickham Road, Colchester, 17.6% of residents are recorded as possessing school level qualifications and 47.0% 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, Wickham 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, Wickham Road, Colchester, 0.4% 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, Wickham Road, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.