According to the public record, 9, Shakespeare Road, Colchester is a mid-century freehold house with 1,399 ft2 of internal area and sits on a 432 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Shakespeare Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
9, Shakespeare Road, Colchester has 3 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated August 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 9 Shakespeare Road Colchester as £431,089 and the rental value as £1,758 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 9 Shakespeare Road Colchester has decreased by £4,783 (1.1%) and its rental value has increased by £65 per month (3.7%).
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 9, Shakespeare Road, Colchester is in very good condition we estimate a sale value of £452,644 and rental value of £1,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,913 and a rental value of £1,635 per month.
If you were able to purchase this property for the estimated value of £431,089, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,119 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, 9, Shakespeare Road, Colchester sits on a plot of 432m2.
We have plot size data on 9 out of 13 other houses in the postcode and 9, Shakespeare Road, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 9, Shakespeare Road, Colchester was last sold on 13 Oct 2016 for £388,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2016, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Shakespeare Road, Colchester within a radius of 690 metres over the last 2 years.
The most recent example is 37, Straight Road, Colchester, CO3 9BY, a Freehold house which sold for £420,000 in Jun 2021.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shakespeare Road, Colchester, CO3 has a total of 56 addresses. According to our analysis of all the public data, 9, Shakespeare Road, Colchester is the 5th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in CO3.
9, Shakespeare Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 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 9, Shakespeare Road, Colchester is Colchester station which is 3.0 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 9, Shakespeare Road, Colchester, 44.8% of property is privately owned outright and 43.3% 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 9, Shakespeare Road, Colchester, 19.3% of residents are recorded as possessing school level qualifications and 32.4% 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 9, Shakespeare Road, Colchester, the average age was 43.4 and the most common age was 52.
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 9, Shakespeare 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 9, Shakespeare Road, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.