278, Old Heath Road
278, Old Heath Road
Description & Estimates
278, Old Heath Road, Colchester is recorded publicly as a period freehold house across 667 ft2 of internal area, sitting on a 211 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 278, Old Heath Road, Colchester is £216,753 and its rental estimate is £1,275 per month, given the available information and assuming reasonable condition.
Old Heath Road, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
278, Old Heath Road, Colchester has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 278, Old Heath Road, Colchester, we estimate a market value of £227,591 and a rental value of £1,338 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,580 and £1,185 per month respectively.
Recent Market Change
Over the last year, 278, Old Heath Road, Colchester has seen its estimated sale value fall by £2,946 (1.4%) and its estimated rental value move up by £27 per month (2.1%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 278, Old Heath Road, Colchester as measuring 211 m2.
That makes it the 23rd largest plot in the postcode, where 25 of the 27 other houses have recorded plot data.
Energy Efficiency
278, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 278, Old Heath Road, Colchester completed on 23rd September 2019 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 11.2% over the period since September 2019.
- Sold Sep 2019£195,000
- Sold Jan 2016£158,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 278, Old Heath Road, Colchester have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 284, Old Heath Road, Colchester, CO2 8BW, a freehold house which sold for £220,000.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 219 addresses on Old Heath Road, Colchester, CO2, 278, Old Heath Road, Colchester comes out as the 185th largest and the 178th most expensive in our analysis of the public data.
It is also £66k less expensive than the average property across the CO2 district.
More reading links
Schools Nearby
- 200mOld 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
From 278, Old Heath Road, Colchester, the nearest station is Hythe (Essex), 1.5 kilometres away.
- 1.5kmHythe (Essex)
- 2.2kmColchester Town
- 2.7kmWivenhoe
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
