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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 2, Chitts Hill, Colchester is £731,407 and the estimated rental value is £2,712 per month.
Chitts Hill, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
2, Chitts Hill, Colchester has 2 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, Chitts Hill, Colchester is in very good condition we estimate a sale value of £767,977 and a rental value of £2,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £680,208 and a rental value of £2,522 per month.
Over the last 12 months the sale value of 2 Chitts Hill Colchester has decreased by an estimated £4,373 (0.6%) and its rental value has increased by an estimated £62 per month (2.3%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Chitts Hill, Colchester sits on a plot of 1367m2.
We have plot size data on 18 out of 35 other houses in the postcode and 2, Chitts Hill, Colchester sits on the 3rd largest plot.
2, Chitts Hill, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2013.
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, 2, Chitts Hill, Colchester was last sold on 27th June 2014 for £465,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2014, the market for similar properties has risen 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chitts Hill, Colchester within a radius of 800 metres over the last 2 years.
The most recent example is 10, Brian Cadman Gardens, Colchester, CO3 9FJ, a freehold house which sold for £15,028 on the 13th May 2022.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chitts Hill, Colchester, CO3 has a total of 51 addresses. According to our analysis of all the public data, 2, Chitts Hill, Colchester is the 7th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £354k more expensive than the average property in CO3.
The closest station to 2, Chitts Hill, Colchester is Colchester station which is 3.3 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 2, Chitts Hill, Colchester, 49.0% of property is privately owned outright and 42.2% 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 2, Chitts Hill, Colchester, 17.4% of residents are recorded as possessing school level qualifications and 34.8% 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 2, Chitts Hill, Colchester, the average age was 43.4 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 2, Chitts Hill, 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 2, Chitts Hill, Colchester, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.