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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, Springfields, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,076 ft2 of internal area and sits on a 498 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Springfields, Colchester is £429,339 and the estimated rental value is £2,128 per month.
Springfields, Brightlingsea, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
2, Springfields, Colchester has a single entry in the Land Registry from October 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Springfields, Colchester is in very good condition we estimate a sale value of £450,806 and a rental value of £2,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,285 and a rental value of £1,979 per month.
Over the last 12 months the sale value of 2 Springfields Colchester has increased by an estimated £142 (0.0%) and its rental value has increased by an estimated £52 per month (2.4%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 2, Springfields, Colchester sits on a plot of 498m2.
We have plot size data on 3 out of 13 other houses in the postcode and 2, Springfields, Colchester sits on the largest plot.
According to HM Land Registry, 2, Springfields, Colchester was last sold on 21st October 2020 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 61.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfields, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is 26, Lower Park Road, Colchester, CO7 0JS, a freehold house which sold for £425,000 on the 24th September 2024.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfields, Brightlingsea, Colchester, CO7 has a total of 43 addresses. According to our analysis of all the public data, 2, Springfields, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in CO7.
The closest station to 2, Springfields, Colchester is Alresford (Essex) station which is 5.1 kilometres 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, Springfields, Colchester, 49.7% of property is privately owned outright and 21.3% is privately 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, Springfields, Colchester, 11.5% of residents are recorded as possessing school level qualifications and 21.1% 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, Springfields, Colchester, the average age was 46.6 and the most common age was 72.
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, Springfields, 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, Springfields, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
