According to the public record, 7B, Artillery Street, Colchester is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Artillery Street, Colchester, CO1.
Artillery Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
7B, Artillery Street, Colchester has no records in the Land Registry database and a single entry in the EPC database dated November 2015.
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 7B Artillery Street Colchester as £133,723 and the rental value as £826 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 7B Artillery Street Colchester has increased by £690 (0.5%) and its rental value has increased by £78 per month (9.4%).
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 7B, Artillery Street, Colchester is in very good condition we estimate a sale value of £140,409 and rental value of £867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,362 and a rental value of £768 per month.
If you were able to purchase this property for the estimated value of £133,723, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £657 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7B, Artillery Street, Colchester within a radius of 410 metres over the last 2 years.
The most recent example is 137, George Williams Way, Colchester, CO1 2JR, a Leasehold flat which sold for £130,000 in Feb 2024.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Artillery Street, Colchester, CO1 has a total of 109 addresses. According to our analysis of all the public data, 7B, Artillery Street, Colchester is the 106th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in CO1.
7B, Artillery Street, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Nov 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7B, Artillery Street, Colchester is Hythe (Essex) station which is 800 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 7B, Artillery Street, Colchester, 45.3% of property is privately rented and 30.7% 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 7B, Artillery Street, Colchester, 21.7% of residents are recorded as possessing school level qualifications and 31.1% 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 7B, Artillery Street, 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 7B, Artillery Street, 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 7B, Artillery Street, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.