According to the public record, Holmwood, 1, Beverley Road, Colchester is a period leasehold apartment and with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Beverley Road, Colchester, CO3.
Beverley Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Holmwood, 1, Beverley Road, Colchester has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated March 2024.
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 Holmwood 1 Beverley Road Colchester as £361,279 and the rental value as £1,467 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Holmwood 1 Beverley Road Colchester has increased by £6,543 (1.8%) and its rental value has increased by £141 per month (9.6%).
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 Holmwood, 1, Beverley Road, Colchester is in very good condition we estimate a sale value of £379,342 and rental value of £1,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,989 and a rental value of £1,364 per month.
If you were able to purchase this property for the estimated value of £361,279, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,776 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, Holmwood, 1, Beverley Road, Colchester was last sold on 07 Mar 2016 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Holmwood, 1, Beverley Road, Colchester within a radius of 314m over the last 2 years.
The most recent example is 6, Vint Crescent, Colchester, CO3 3QQ, a Leasehold flat which sold for £345,000 in Jan 2022.
Read more about house prices in CO3.
Beverley Road, Colchester, CO3 has a total of 34 addresses. According to our analysis of all the public data, Holmwood, 1, Beverley Road, Colchester is the 27th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in CO3.
Holmwood, 1, Beverley Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2024.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Holmwood, 1, Beverley Road, Colchester is Colchester Town station which is 1.3 km 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 Holmwood, 1, Beverley Road, Colchester, 34.0% of property is privately rented and 32.7% 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 Holmwood, 1, Beverley Road, Colchester, 22.4% 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 Holmwood, 1, Beverley 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 Holmwood, 1, Beverley Road, 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 Holmwood, 1, Beverley 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.