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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
According to the public record, 231, Old Heath Road, Colchester is a period freehold house with 1,026 ft2 of internal area and sits on a 400 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 231, Old Heath Road, Colchester is £319,465 and the estimated rental value is £1,611 per month.
Old Heath Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
231, Old Heath Road, Colchester has 41 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated October 2009.
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.
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 231, Old Heath Road, Colchester is in very good condition we estimate a sale value of £335,438 and a rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,103 and a rental value of £1,499 per month.
Over the past 12 months, the estimated sale value of 231, Old Heath Road, Colchester has decreased by £4,341 (1.4%), while its estimated rental value has grown by £34 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 6.1%.
According to data from HM Land Registry, 231, Old Heath Road, Colchester sits on a plot of 400 m2.
We have plot size data on 8 out of 11 other houses in the postcode and 231, Old Heath Road, Colchester sits on the 5th largest plot.
231, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2009.
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, 231, Old Heath Road, Colchester was last sold on 3rd April 2018 for £280,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since April 2018, the market for similar properties has risen by 9.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 231, Old Heath Road, Colchester within a radius of 700 metres over the last 2 years.
The most recent example is 185, Old Heath Road, Colchester, CO2 8AT, a freehold house which sold for £330,000 on the 15th September 2023.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Heath Road, Colchester, CO2 has a total of 219 addresses. According to our analysis of all the public data, 231, Old Heath Road, Colchester is the 56th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in CO2.
The closest station to 231, Old Heath Road, Colchester is Hythe (Essex) station, which is 1.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 231, Old Heath Road, Colchester, 30.2% of property is privately rented and 29.5% 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 231, Old Heath Road, Colchester, 18.1% of residents are recorded as possessing school level qualifications and 23.9% 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 231, Old Heath 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 231, Old Heath 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 231, Old Heath Road, Colchester, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
