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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
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188, Forest Road, Colchester is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 188, Forest Road, Colchester is £128,594 and its rental estimate is £720 per month, given the available information and assuming reasonable condition.
Forest Road, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
188, Forest Road, Colchester has 21 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 188, Forest Road, Colchester, we estimate a market value of £135,023 and a rental value of £756 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £119,592 and £670 per month respectively.
Over the last year, 188, Forest Road, Colchester has seen its estimated sale value drop by £550 (0.4%) and its estimated rental value rise by £23 per month (3.2%). This results in an estimated gross rental yield of 6.7%.
188, Forest Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 188, Forest Road, Colchester completed on 31st October 2014 at £95,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 57.0% over the period since October 2014.
Over the past 2 years 3 properties similar to 188, Forest Road, Colchester have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2024, was 17, Buffett Way, Colchester, CO4 3YL, a leasehold flat which sold for £149,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 182 addresses on Forest Road, Colchester, CO4, 188, Forest Road, Colchester comes out as the 153rd largest and the 158th most expensive in our analysis of the public data.
It is also £184k less expensive than the average property across the CO4 district.
From 188, Forest Road, Colchester, the nearest station is Hythe (Essex), 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 188, Forest Road, Colchester, 64.8% of property is socially rented and 22.7% is privately rented.
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 188, Forest Road, Colchester, 36.2% of residents are recorded as possessing school level qualifications and 18.8% 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 188, Forest Road, Colchester, the average age was 32.8 and the most common age was 22.
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 188, Forest Road, 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 188, Forest Road, Colchester, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
