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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, Speedwell Road, Colchester is a early-century freehold house with 807 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Speedwell Road, Colchester is £256,700 and the estimated rental value is £1,407 per month.
Speedwell Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
2, Speedwell Road, Colchester has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Speedwell Road, Colchester is in very good condition we estimate a sale value of £269,535 and a rental value of £1,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,731 and a rental value of £1,308 per month.
Over the last 12 months the sale value of 2 Speedwell Road Colchester has decreased by an estimated £2,176 (0.8%) and its rental value has increased by an estimated £25 per month (1.8%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 2, Speedwell Road, Colchester sits on a plot of 304m2.
We have plot size data on 30 out of 30 other houses in the postcode and 2, Speedwell Road, Colchester sits on the 18th largest plot.
2, Speedwell Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2023.
The property is 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, Speedwell Road, Colchester was last sold on 29th January 2024 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Speedwell Road, Colchester within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 50, Speedwell Road, Colchester, CO2 8DS, a freehold house which sold for £245,000 on the 22nd November 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Speedwell Road, Colchester, CO2 has a total of 145 addresses. According to our analysis of all the public data, 2, Speedwell Road, Colchester is the 15th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in CO2.
The closest station to 2, Speedwell Road, Colchester is Wivenhoe station which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Speedwell Road, Colchester, 58.4% of property is socially rented and 25.7% 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, Speedwell Road, Colchester, 27.5% of residents are recorded as possessing school level qualifications and 22.4% 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, Speedwell Road, 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, Speedwell Road, 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, Speedwell Road, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
