Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
2, New Lane, Colchester is recorded publicly as an early-century freehold house across 936 ft2 of internal area, sitting on a 576 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, New Lane, Colchester is £369,778 and its rental estimate is £1,583 per month, given the available information and assuming reasonable condition.
New Lane, Feering, Colchester, CO5 falls within the CO5 postal district, in the borough of Braintree.
2, New Lane, Colchester has 21 entries in the Land Registry , most recently in November 2011 and a single entry in the EPC database dated August 2011.
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 2, New Lane, Colchester, we estimate a market value of £388,267 and a rental value of £1,662 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £343,894 and £1,472 per month respectively.
Over the last year, 2, New Lane, Colchester has seen its estimated sale value decline by £5,794 (1.6%) and its estimated rental value climb by £34 per month (2.2%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for 2, New Lane, Colchester as measuring 576 m2.
That makes it the 16th largest plot in the postcode, where 17 of the 21 other houses have recorded plot data.
2, New Lane, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2011.
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 2, New Lane, Colchester completed on 7th November 2011 at £230,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 71.3% over the period since November 2011.
Over the past 2 years 3 properties similar to 2, New Lane, Colchester have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 3, Hanover Square, Colchester, CO5 9QN, a freehold house which sold for £348,000.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on New Lane, Feering, Colchester, CO5, 2, New Lane, Colchester comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £49k less expensive than the average property across the CO5 district.
From 2, New Lane, Colchester, the nearest station is Kelvedon, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 2, New Lane, Colchester, 40.8% of property is privately owned outright and 34.7% 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, New Lane, Colchester, 18.3% of residents are recorded as possessing school level qualifications and 22.3% 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, New Lane, Colchester, the average age was 44.5 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 2, New Lane, 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, New Lane, 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.
