According to the public record, Flat 3, The Land Mark 44-46, Colchester is a modern apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Land Mark, Crouch Street, Colchester, CO3.
Crouch Street, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Flat 3, The Land Mark 44-46, Colchester has no records in the Land Registry database and a single entry in the EPC database dated October 2023.
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 good condition, we estimate the current sale value for Flat 3 The Land Mark 44-46 Colchester as £196,308 and the rental value as £1,002 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 The Land Mark 44-46 Colchester has increased by £1,490 (0.8%) and its rental value has increased by £91 per month (9.1%).
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 3, The Land Mark 44-46, Colchester is in very good condition we estimate a sale value of £206,123 and rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,566 and a rental value of £932 per month.
If you were able to purchase this property for the estimated value of £196,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £965 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 3, The Land Mark 44-46, Colchester within a radius of 450 metres over the last 2 years.
The most recent example is 19 Priory Court, Crouch Street, Colchester, CO3 3HH, a Leasehold flat which sold for £160,000 in Sep 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crouch Street, Colchester, CO3 has a total of 126 addresses. According to our analysis of all the public data, Flat 3, The Land Mark 44-46, Colchester is the 37th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in CO3.
Flat 3, The Land Mark 44-46, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using electric storage heaters.
The closest station to Flat 3, The Land Mark 44-46, 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 3, The Land Mark 44-46, 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 Flat 3, The Land Mark 44-46, 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 Flat 3, The Land Mark 44-46, 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 Flat 3, The Land Mark 44-46, 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 Flat 3, The Land Mark 44-46, 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.