According to the public record, Flat 2, 60, Creffield Road, Colchester is a period apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 60, Creffield Road, Colchester, CO3.
Creffield Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Flat 2, 60, Creffield Road, Colchester has no records in the Land Registry database and a single entry in the EPC database dated July 2021.
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 2 60 Creffield Road Colchester as £211,626 and the rental value as £964 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 2 60 Creffield Road Colchester has increased by £1,699 (0.8%) and its rental value has increased by £82 per month (8.5%).
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 Flat 2, 60, Creffield Road, Colchester is in very good condition we estimate a sale value of £222,207 and rental value of £1,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,812 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £211,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,040 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 Flat 2, 60, Creffield Road, Colchester within a radius of 520 metres over the last 2 years.
The most recent example is 19, Oxford Court, Colchester, CO3 3HQ, a Leasehold flat which sold for £180,000 in Nov 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Creffield Road, Colchester, CO3 has a total of 55 addresses. According to our analysis of all the public data, Flat 2, 60, Creffield Road, Colchester is the 52nd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in CO3.
Flat 2, 60, Creffield Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 60, Creffield Road, Colchester is Colchester Town station which is 1.2 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 2, 60, Creffield Road, Colchester, 38.3% of property is privately owned with a mortgage and 31.3% 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 2, 60, Creffield Road, Colchester, 21.6% of residents are recorded as possessing school level qualifications and 60.9% 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 2, 60, Creffield 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 2, 60, Creffield Road, Colchester, 1.5% 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 2, 60, Creffield Road, 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.