24, Oak Road
24, Oak Road
Description & Estimates
24, Oak Road, Colchester is recorded publicly as a mid-century freehold house across 1,356 ft2 of internal area, sitting on a 346 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Oak Road, Colchester is £415,043 and its rental estimate is £1,820 per month, given the available information and assuming reasonable condition.
Oak Road, Tiptree, Colchester, CO5 falls within the CO5 postal district, in the borough of Colchester.
Our Data Sources
24, Oak Road, Colchester has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated August 2014.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Oak Road, Colchester, we estimate a market value of £435,795 and a rental value of £1,911 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,990 and £1,692 per month respectively.
Recent Market Change
Over the last year, 24, Oak Road, Colchester has seen its estimated sale value fall by £6,003 (1.4%) and its estimated rental value move up by £45 per month (2.5%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 24, Oak Road, Colchester as measuring 346 m2.
That makes it the 6th largest plot in the postcode, where 21 of the 24 other houses have recorded plot data.
Energy Efficiency
24, Oak Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Oak Road, Colchester completed on 19th June 2020 at £345,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.3% over the period since June 2020.
- Sold Jun 2020£345,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Oak Road, Colchester have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 18, Oak Road, Colchester, CO5 0NF, a freehold house which sold for £395,000.
Read more about house prices in CO5.
- Sold Jun 2024£395,000 | 4 Bed House18, Oak Road, Colchester, CO5 0NF18, Oak Road, Colchester, CO5 0NF
- Sold Jan 2024£345,000 | 4 Bed House26, Maple Leaf, Colchester, CO5 0NJ26, Maple Leaf, Colchester, CO5 0NJ
- Sold Nov 2019£345,000 | 4 Bed House52, Oak Road, Colchester, CO5 0NE52, Oak Road, Colchester, CO5 0NE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 86 addresses on Oak Road, Tiptree, Colchester, CO5, 24, Oak Road, Colchester comes out as the 19th largest and the 29th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the CO5 district.
More reading links
Schools Nearby
- 400mBaynards Primary School
- 700mMilldene Primary School
- 1.2kmSt Luke's Church of England Controlled Primary School
- 300mThurstable School
- 7.3kmHonywood School
- 7.6kmLift New Rickstones
More reading links
Public Transport Nearby
From 24, Oak Road, Colchester, the nearest station is Kelvedon, 3.6 kilometres away.
- 3.6kmKelvedon
- 7.1kmMarks Tey
- 7.5kmWitham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
