246, Old Heath Road
246, Old Heath Road
Description & Estimates
According to the public record, 246, Old Heath Road, Colchester is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 246, Old Heath Road, Colchester is £157,535 and the estimated rental value is £1,022 per month.
Old Heath Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
Our Data Sources
246, Old Heath Road, Colchester has 31 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 246, Old Heath Road, Colchester is in very good condition we estimate a sale value of £165,411 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,507 and a rental value of £950 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 246, Old Heath Road, Colchester has fallen by £819 (0.5%), while its estimated rental value has moved up by £30 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
246, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 246, Old Heath Road, Colchester was last sold on 15th August 2017 for £145,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2017, the market for similar properties has risen by 16.4%.
- Sold Aug 2017£145,000
- Sold Aug 2005£118,500
- Sold Feb 2001£50,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 246, Old Heath Road, Colchester within a radius of 680 metres over the last 2 years.
The most recent example is 6, Colne View, Old Heath Road, Colchester, CO2 8DB, a leasehold flat which sold for £162,000 on the 27th September 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Heath Road, Colchester, CO2 has a total of 219 addresses. According to our analysis of all the public data, 246, Old Heath Road, Colchester is the 188th largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in CO2.
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Schools Nearby
- 400mOld Heath Community Primary School
- 600mKendall Church of England Primary School
- 1.3kmSt. George's School
- 1.6kmThe Thomas Lord Audley School
- 2.6kmColchester Academy
- 3.0kmColchester Royal Grammar School
More reading links
Public Transport Nearby
The closest station to 246, Old Heath Road, Colchester is Hythe (Essex) station, which is 1.4 kilometres away.
- 1.4kmHythe (Essex)
- 2.0kmColchester Town
- 2.8kmWivenhoe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
