According to the public record, Flat 112, Maldon Court, Colchester is a modern leasehold apartment with 506 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Maldon Court, Maldon Road, Colchester, CO3.
Maldon Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Flat 112, Maldon Court, Colchester has 31 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated October 2009.
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 Flat 112 Maldon Court Colchester as £107,690 and the rental value as £656 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 112 Maldon Court Colchester has increased by £1,013 (0.9%) and its rental value has increased by £61 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 Flat 112, Maldon Court, Colchester is in very good condition we estimate a sale value of £113,074 and rental value of £688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,151 and a rental value of £610 per month.
If you were able to purchase this property for the estimated value of £107,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £529 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 112, Maldon Court, Colchester was last sold on 04 Dec 2009 for £105,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2009, the market for similar properties has risen 54.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 112, Maldon Court, Colchester within a radius of 460 metres over the last 2 years.
The most recent example is Flat 222, Maldon Court, Maldon Road, Colchester, CO3 3AH, a Leasehold flat which sold for £98,000 in Mar 2023.
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 112, Maldon Court, Colchester is the 290th largest and the 332nd most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in CO3.
Flat 112, Maldon Court, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 112, Maldon Court, Colchester is Colchester Town 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 Flat 112, Maldon Court, Colchester, 40.3% of property is privately rented and 38.0% 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 112, Maldon Court, Colchester, 16.4% of residents are recorded as possessing school level qualifications and 36.7% 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 Flat 112, Maldon Court, 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 112, Maldon Court, Colchester, 0.9% 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 112, Maldon Court, Colchester, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.