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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 16, Patten Close, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,330 ft2 of internal area and sits on a 312 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Patten Close, Colchester is £411,188 and the estimated rental value is £1,741 per month.
Patten Close, Marks Tey, Colchester, CO6 is located in the borough of Colchester within the CO6 postal district.
16, Patten Close, Colchester has a single entry in the Land Registry from June 2007 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.
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 16, Patten Close, Colchester is in very good condition we estimate a sale value of £431,747 and a rental value of £1,828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,405 and a rental value of £1,619 per month.
Over the last 12 months the sale value of 16 Patten Close Colchester has decreased by an estimated £7,436 (1.8%) and its rental value has increased by an estimated £40 per month (2.3%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 16, Patten Close, Colchester sits on a plot of 312m2.
We have plot size data on 23 out of 23 other houses in the postcode and 16, Patten Close, Colchester sits on the 4th largest plot.
According to HM Land Registry, 16, Patten Close, Colchester was last sold on 29th June 2007 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 96.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Patten Close, Colchester within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 98, Godmans Lane, Colchester, CO6 1XA, a freehold house which sold for £461,000 on the 28th March 2022.
Read more about house prices in CO6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Patten Close, Marks Tey, Colchester, CO6 has a total of 23 addresses. According to our analysis of all the public data, 16, Patten Close, Colchester is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in CO6.
The closest station to 16, Patten Close, Colchester is Marks Tey station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Patten Close, Colchester, 60.7% of property is privately owned outright and 34.2% 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 16, Patten Close, Colchester, 14.5% of residents are recorded as possessing school level qualifications and 26.7% 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 16, Patten Close, Colchester, the average age was 40.5 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 16, Patten Close, Colchester, 2.2% 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 16, Patten Close, 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.
