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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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Public records show 2, Colne View, Colchester to be a mid-century leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Colne View, Colchester has an estimated sale value of £142,063 and an estimated rental value of £979 per month, assuming reasonable condition and based on the information available.
The apartment sits within Colne View, Old Heath Road, Colchester, CO2.
Old Heath Road, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
2, Colne View, Colchester has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated September 2019.
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.
In very good condition, we estimate 2, Colne View, Colchester would be worth £149,166, with a potential rental value of £1,027 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,119, with a rental value of £910 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Colne View, Colchester has dropped by £739 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £29 (3.0%). The property's estimated gross yield is currently 8.3%.
2, Colne View, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
2, Colne View, Colchester last changed hands on 17th December 2019, selling for £123,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 29.4% since December 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 960 metres of 2, Colne View, Colchester across the last 2 years.
Most recently, 6, Colne View, Old Heath Road, Colchester, CO2 8DB, a leasehold flat, sold at £162,000 on the 27th September 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Colne View, Colchester as the 196th largest and the 211th most expensive of the 219 addresses on Old Heath Road, Colchester, CO2.
Against the CO2 postcode district average, it is £141k less expensive than the typical property.
Hythe (Essex) station is the nearest stop to 2, Colne View, Colchester at 1.9 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Colne View, Colchester, 31.3% of property is privately owned outright and 31.3% 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, Colne View, Colchester, 15.8% of residents are recorded as possessing school level qualifications and 21.5% 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, Colne View, Colchester, the average age was 40 and the most common age was 32.
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, Colne View, Colchester, 1.9% 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, Colne View, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
