According to the public record, The Old Chapel, Colchester is a period house with 1,862 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Regent Street, Rowhedge, Colchester, CO5 is located in the borough of Colchester within the CO5 postal district.
The Old Chapel, Colchester has no records in the Land Registry database and a single entry in the EPC database dated June 2020.
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 The Old Chapel Colchester as £458,308 and the rental value as £2,061 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of The Old Chapel Colchester has decreased by £9,956 (2.2%) and its rental value has increased by £127 per month (6.2%).
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 The Old Chapel, Colchester is in very good condition we estimate a sale value of £481,224 and rental value of £2,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,227 and a rental value of £1,917 per month.
If you were able to purchase this property for the estimated value of £458,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,252 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 data from HM Land Registry, The Old Chapel, Colchester sits on a plot of 209m2.
We have plot size data on 40 out of 56 other houses in the postcode and The Old Chapel, Colchester sits on the 10th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Chapel, Colchester within a radius of 251m over the last 2 years.
The most recent example is 40, Parkfield Street, Colchester, CO5 7EL, a Freehold house which sold for £370,000 in Dec 2016.
Read more about house prices in CO5.
Regent Street, Rowhedge, Colchester, CO5 has a total of 63 addresses. According to our analysis of all the public data, The Old Chapel, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in CO5.
The Old Chapel, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to The Old Chapel, Colchester is Wivenhoe station which is 600 m 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 The Old Chapel, Colchester, 40.9% of property is privately owned outright and 40.9% is privately owned with a mortgage.
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 The Old Chapel, Colchester, 10.6% of residents are recorded as possessing school level qualifications and 40.2% 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 The Old Chapel, Colchester, the average age was 40 and the most common age was 32.
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 The Old Chapel, Colchester, 2.4% 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 The Old Chapel, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.