225, Old Heath Road
225, Old Heath Road
Description & Estimates
Public records show 225, Old Heath Road, Colchester to be a period leasehold apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
225, Old Heath Road, Colchester has an estimated sale value of £125,458 and an estimated rental value of £791 per month, assuming reasonable condition and based on the information available.
The apartment sits within 225, Old Heath Road, Colchester, CO2.
Old Heath Road, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
225, Old Heath Road, Colchester has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated October 2008.
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.
Price Range & Condition
In very good condition, we estimate 225, Old Heath Road, Colchester would be worth £131,731, with a potential rental value of £831 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £116,676, with a rental value of £736 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 225, Old Heath Road, Colchester has increased by £915 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £32 (4.1%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
225, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Oct 2008.
The property is connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
225, Old Heath Road, Colchester last changed hands on 15th November 2017, selling for £104,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.6% since November 2017.
- Sold Nov 2017£104,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 225, Old Heath Road, Colchester across the last 2 years.
Most recently, 35, Ranger Walk, Colchester, CO2 8BY, a leasehold flat, sold at £100,000 on the 18th March 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 225, Old Heath Road, Colchester as the 219th largest and the 219th most expensive of the 219 addresses on Old Heath Road, Colchester, CO2.
Against the CO2 postcode district average, it is £157k less expensive than the typical property.
More reading links
Schools Nearby
- 300mOld Heath Community Primary School
- 700mKendall Church of England Primary School
- 1.4kmSt. George's School
- 1.6kmThe Thomas Lord Audley School
- 2.7kmColchester Academy
- 3.1kmColchester Royal Grammar School
More reading links
Public Transport Nearby
Hythe (Essex) station is the nearest stop to 225, Old Heath Road, Colchester at 1.5 kilometres away.
- 1.5kmHythe (Essex)
- 2.1kmColchester Town
- 2.8kmWivenhoe
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
