According to the public record, 9, Stable Close, Colchester is a modern apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Stable Close, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
9, Stable Close, Colchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 Stable Close Colchester as £156,415 and the rental value as £852 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 9 Stable Close Colchester has increased by £2,488 (1.6%) and its rental value has increased by £56 per month (6.5%).
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, Stable Close, Colchester is in very good condition we estimate a sale value of £164,236 and rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,466 and a rental value of £792 per month.
If you were able to purchase this property for the estimated value of £156,415, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £769 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 HM Land Registry, 9, Stable Close, Colchester was last sold on 27 Apr 2001 for £53,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Stable Close, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 2 The Bell Tower, New Farm Road, Colchester, CO3 0AF, a Leasehold flat which sold for £158,000 in Nov 2022.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stable Close, Stanway, Colchester, CO3 has a total of 29 addresses. According to our analysis of all the public data, 9, Stable Close, Colchester is the 25th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in CO3.
9, Stable Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2019.
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, Stable Close, Colchester is Colchester station which is 3.5 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, Stable Close, Colchester, 32.9% of property is privately owned with a mortgage and 30.1% is privately rented.
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, Stable Close, Colchester, 13.9% of residents are recorded as possessing school level qualifications and 25.1% 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, Stable 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 9, Stable 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 9, Stable Close, 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.