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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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According to the public record, 2, Ozalid Road, Colchester is a modern freehold house with 1,184 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ozalid Road, Colchester is £448,259 and the estimated rental value is £1,849 per month.
Ozalid Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
2, Ozalid Road, Colchester has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
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, Ozalid Road, Colchester is in very good condition we estimate a sale value of £470,672 and a rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,881 and a rental value of £1,720 per month.
Over the last 12 months the sale value of 2 Ozalid Road Colchester has decreased by an estimated £4,046 (0.9%) and its rental value has increased by an estimated £36 per month (1.9%), giving an expected gross yield of 5%.
2, Ozalid Road, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Ozalid Road, Colchester was last sold on 23rd December 2022 for £442,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ozalid Road, Colchester within a radius of 750 metres over the last 2 years.
The most recent example is 2, Vardri Close, Colchester, CO1 1NJ, a freehold house which sold for £440,000 on the 23rd December 2022.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ozalid Road, Colchester, CO1 has a total of 28 addresses. According to our analysis of all the public data, 2, Ozalid Road, Colchester is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £214k more expensive than the average property in CO1.
The closest station to 2, Ozalid Road, Colchester is Colchester station which is 900 metres away.
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, Ozalid Road, Colchester, 51.8% of property is privately rented and 18.8% 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, Ozalid Road, Colchester, 19.3% of residents are recorded as possessing school level qualifications and 41.9% 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, Ozalid Road, 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, Ozalid Road, Colchester, 2.0% 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, Ozalid Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
