According to the public record, 1A, Rawstorn Road, Colchester is a period leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Rawstorn Road, Colchester, CO3.
Rawstorn Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
1A, Rawstorn 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 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 1A Rawstorn Road Colchester as £225,150 and the rental value as £1,113 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1A Rawstorn Road Colchester has increased by £2,220 (1.0%) and its rental value has increased by £104 per month (9.3%).
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 1A, Rawstorn Road, Colchester is in very good condition we estimate a sale value of £236,407 and rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,389 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £225,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 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, 1A, Rawstorn Road, Colchester was last sold on 27 Apr 2022 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2022, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Rawstorn Road, Colchester within a radius of 490 metres over the last 2 years.
The most recent example is 34, Henry Laver Court, Colchester, CO3 3AF, a Leasehold flat which sold for £202,000 in Jul 2022.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rawstorn Road, Colchester, CO3 has a total of 54 addresses. According to our analysis of all the public data, 1A, Rawstorn Road, Colchester is the 14th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in CO3.
1A, Rawstorn Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Apr 2024.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 1A, Rawstorn Road, Colchester is Colchester Town station which is 900 metres 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 1A, Rawstorn Road, Colchester, 34.0% of property is privately rented and 32.1% 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 1A, Rawstorn Road, Colchester, 21.3% of residents are recorded as possessing school level qualifications and 49.7% 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 1A, Rawstorn 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 1A, Rawstorn Road, Colchester, 1.2% 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 1A, Rawstorn Road, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.