Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 12, Grayling Drive, Colchester is a mid-century freehold house with 1,689 ft2 of internal area and sits on a 486 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Grayling Drive, Colchester is £481,564 and the estimated rental value is £1,964 per month.
Grayling Drive, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
12, Grayling Drive, Colchester has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 12, Grayling Drive, Colchester is in very good condition we estimate a sale value of £505,642 and a rental value of £2,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,854 and a rental value of £1,827 per month.
Over the last 12 months the sale value of 12 Grayling Drive Colchester has decreased by an estimated £5,509 (1.1%) and its rental value has increased by an estimated £51 per month (2.6%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 12, Grayling Drive, Colchester sits on a plot of 486m2.
We have plot size data on 16 out of 16 other houses in the postcode and 12, Grayling Drive, Colchester sits on the 2nd largest plot.
12, Grayling Drive, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Grayling Drive, Colchester was last sold on 22nd October 2007 for £299,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 75.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Grayling Drive, Colchester within a radius of 690 metres over the last 2 years.
The most recent example is 10, Grayling Drive, Colchester, CO4 3EN, a freehold house which sold for £420,000 on the 31st May 2023.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grayling Drive, Colchester, CO4 has a total of 16 addresses. According to our analysis of all the public data, 12, Grayling Drive, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in CO4.
The closest station to 12, Grayling Drive, Colchester is Hythe (Essex) station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 12, Grayling Drive, Colchester, 57.3% of property is privately owned outright and 31.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 12, Grayling Drive, Colchester, 11.6% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Grayling Drive, Colchester, the average age was 43 and the most common age was 52.
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 12, Grayling Drive, 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 12, Grayling Drive, 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.
