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According to the public record, 2, Exeter Drive, Colchester is a mid-century house with 667 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Exeter Drive, Colchester is £134,318 and the estimated rental value is £769 per month.
Exeter Drive, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
2, Exeter Drive, Colchester has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Exeter Drive, Colchester is in very good condition we estimate a sale value of £141,034 and a rental value of £808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,916 and a rental value of £715 per month.
Over the last 12 months the sale value of 2 Exeter Drive Colchester has decreased by an estimated £967 (0.7%) and its rental value has increased by an estimated £15 per month (1.9%), giving an expected gross yield of 6.9%.
2, Exeter Drive, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Exeter Drive, Colchester within a radius of 550 metres over the last 2 years.
The most recent example is 22, Exeter Drive, Colchester, CO1 2RX, a leasehold house which sold for £87,000 on the 6th December 2013.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Exeter Drive, Colchester, CO1 has a total of 87 addresses. According to our analysis of all the public data, 2, Exeter Drive, Colchester is the 29th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in CO1.
The closest station to 2, Exeter Drive, Colchester is Colchester Town station which is 700 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Exeter Drive, Colchester, 50.4% of property is privately owned outright and 27.4% is socially 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 2, Exeter Drive, Colchester, 8.0% of residents are recorded as possessing school level qualifications and 22.2% 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, Exeter Drive, Colchester, the average age was 40 and the most common age was 27.
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, Exeter Drive, Colchester, 0.6% 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, Exeter Drive, Colchester, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.