According to the public record, Flat 1, 82, Maldon Road, Colchester is a period apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 82, Maldon Road, Colchester, CO3.
Maldon Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Flat 1, 82, Maldon Road, Colchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2016.
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 Flat 1 82 Maldon Road Colchester as £129,569 and the rental value as £759 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 1 82 Maldon Road Colchester has increased by £1,048 (0.8%) and its rental value has increased by £70 per month (9.2%).
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 Flat 1, 82, Maldon Road, Colchester is in very good condition we estimate a sale value of £136,048 and rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,499 and a rental value of £706 per month.
If you were able to purchase this property for the estimated value of £129,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £637 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, Flat 1, 82, Maldon Road, Colchester was last sold on 20 May 1998 for £79,000 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 2 sales of properties similar to Flat 1, 82, Maldon Road, Colchester within a radius of 450 metres over the last 2 years.
The most recent example is Flat 2, 39, Wellesley Road, Colchester, CO3 3HE, a Leasehold flat which sold for £119,000 in Feb 2019.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maldon Road, Colchester, CO3 has a total of 344 addresses. According to our analysis of all the public data, Flat 1, 82, Maldon Road, Colchester is the 332nd largest and the 267th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in CO3.
Flat 1, 82, Maldon Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2016.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, 82, Maldon Road, Colchester is Colchester Town station which is 1.0 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 Flat 1, 82, Maldon Road, Colchester, 35.3% of property is privately rented and 32.8% 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 Flat 1, 82, Maldon Road, Colchester, 20.6% of residents are recorded as possessing school level qualifications and 58.5% 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 Flat 1, 82, Maldon Road, Colchester, the average age was 37.4 and the most common age was 47.
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 Flat 1, 82, Maldon Road, Colchester, 2.3% 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 Flat 1, 82, Maldon Road, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.