According to the public record, Valden, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,302 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Ford Lane, Alresford, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
Valden, Colchester has a single entry in the Land Registry database from October 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Valden Colchester as £430,835 and the rental value as £1,767 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Valden Colchester has decreased by £8,841 (2.1%) and its rental value has increased by £135 per month (7.7%).
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 Valden, Colchester is in very good condition we estimate a sale value of £452,377 and rental value of £1,855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,677 and a rental value of £1,643 per month.
If you were able to purchase this property for the estimated value of £430,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,117 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, Valden, Colchester was last sold on 25 Oct 2006 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Valden, Colchester within a radius of 2.6 kilometres over the last 2 years.
The most recent example is Hammill House, Ford Lane, Colchester, CO7 8AU, a Freehold house which sold for £387,000 in Apr 2021.
Read more about house prices in CO7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ford Lane, Alresford, Colchester, CO7 has a total of 64 addresses. According to our analysis of all the public data, Valden, Colchester is the 21st largest and the 16th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in CO7.
The closest station to Valden, Colchester is Alresford (Essex) station which is 400 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 Valden, Colchester, 50.0% of property is privately owned outright and 37.9% 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 Valden, Colchester, 16.8% of residents are recorded as possessing school level qualifications and 23.3% 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 Valden, Colchester, the average age was 45.8 and the most common age was 72.
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 Valden, Colchester, 1.3% 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 Valden, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.