1, Colne View
1, Colne View
Description & Estimates
1, Colne View, Colchester appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 603 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Colne View, Colchester is £142,229 and its rental estimate is £979 per month, given the available information and assuming reasonable condition.
Colne View, Old Heath Road is a residential building on Old Heath Road, Colchester, CO2 and falls within the CO2 postal district and the borough of Colchester.
Our Data Sources
1, Colne View, Colchester has a single entry in the Land Registry from September 2013 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Colne View, Colchester, we estimate a market value of £149,341 and a rental value of £1,028 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,273 and £911 per month respectively.
Recent Market Change
Over the last year, 1, Colne View, Colchester has seen its estimated sale value fall by £740 (0.5%) and its estimated rental value move up by £29 per month (3.0%). This results in an estimated gross rental yield of 8.3%.
Sold Prices
The most recent sale of 1, Colne View, Colchester completed on 27th September 2013 at £82,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 68.9% over the period since September 2013.
- Sold Sep 2013£82,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Colne View, Colchester have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 6, Colne View, Old Heath Road, Colchester, CO2 8DB, a leasehold flat which sold for £162,000.
Read more about house prices in CO2.
- Sold Sep 2024£162,000 | 2 Bed FlatColne View, Old Heath Road6, Colne View, Old Heath Road, Colchester, CO2 8DB
- Sold Oct 2022£138,000 | 2 Bed FlatColne View, Old Heath Road4, Colne View, Old Heath Road, Colchester, CO2 8DB
- Sold Dec 2019£123,000 | 2 Bed FlatColne View, Old Heath Road2, Colne View, Old Heath Road, Colchester, CO2 8DB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 219 addresses on Old Heath Road, Colchester, CO2, 1, Colne View, Colchester comes out as the 192nd largest and the 210th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the CO2 district.
More reading links
Schools Nearby
- 100mOld Heath Community Primary School
- 1.1kmKendall Church of England Primary School
- 1.6kmMonkwick Infant and Nursery School
- 1.7kmThe Thomas Lord Audley School
- 3.0kmColchester Academy
- 3.4kmColchester Royal Grammar School
More reading links
Public Transport Nearby
From 1, Colne View, Colchester, the nearest station is Hythe (Essex), 1.9 kilometres away.
- 1.9kmHythe (Essex)
- 2.4kmWivenhoe
- 2.5kmColchester Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
