According to the public record, 87, Old Heath Road, Colchester is a period freehold house with 947 ft2 of internal area and sits on a 495 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Heath Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
87, Old Heath Road, Colchester has 21 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated February 2024.
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 87 Old Heath Road Colchester as £262,137 and the rental value as £1,268 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 87 Old Heath Road Colchester has decreased by £2,794 (1.1%) and its rental value has increased by £99 per month (7.8%).
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 87, Old Heath Road, Colchester is in very good condition we estimate a sale value of £275,244 and rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,788 and a rental value of £1,179 per month.
If you were able to purchase this property for the estimated value of £262,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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, 87, Old Heath Road, Colchester sits on a plot of 495m2.
We have plot size data on 14 out of 27 other houses in the postcode and 87, Old Heath Road, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 87, Old Heath Road, Colchester was last sold on 04 Aug 2022 for £266,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Old Heath Road, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 108, Old Heath Road, Colchester, CO1 2HB, a Freehold house which sold for £261,000 in Jan 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Heath Road, Colchester, CO1 has a total of 145 addresses. According to our analysis of all the public data, 87, Old Heath Road, Colchester is the 56th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £175 less expensive than the average property in CO1.
87, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2024.
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 87, Old Heath Road, Colchester is Hythe (Essex) station which is 1.1 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 87, Old Heath Road, Colchester, 40.9% of property is privately owned with a mortgage and 32.4% 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 87, Old Heath Road, Colchester, 15.6% of residents are recorded as possessing school level qualifications and 32.9% 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 87, Old Heath Road, Colchester, the average age was 33.3 and the most common age was 22.
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 87, Old Heath 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 87, Old Heath Road, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.