29, Fairfax Road
29, Fairfax Road
Description & Estimates
29, Fairfax Road, Colchester is recorded publicly as a period freehold house across 656 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 29, Fairfax Road, Colchester is £198,408 and its rental estimate is £1,168 per month, given the available information and assuming reasonable condition.
Fairfax Road, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
29, Fairfax Road, Colchester has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 29, Fairfax Road, Colchester, we estimate a market value of £208,328 and a rental value of £1,227 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,519 and £1,087 per month respectively.
Recent Market Change
Over the last year, 29, Fairfax Road, Colchester has seen its estimated sale value decline by £2,696 (1.4%) and its estimated rental value climb by £24 per month (2.1%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
29, Fairfax Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2020.
The property is 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 29, Fairfax Road, Colchester completed on 7th May 2021 at £183,000 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 25.7% over the period since May 2021.
- Sold May 2021£183,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Fairfax Road, Colchester have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2024, was 21, Cromwell Road, Colchester, CO2 7EN, a freehold house which sold for £190,000.
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
Of the 54 addresses on Fairfax Road, Colchester, CO2, 29, Fairfax Road, Colchester comes out as the 42nd largest and the 37th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the CO2 district.
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Schools Nearby
- 400mSt John's Green Primary School
- 600mSt. George's School
- 600mSt Thomas More's Catholic Primary School, Colchester
- 1.2kmColchester Royal Grammar School
- 1.6kmSt Helena School
- 1.7kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
From 29, Fairfax Road, Colchester, the nearest station is Colchester Town, 300 metres away.
- 300mColchester Town
- 1.6kmHythe (Essex)
- 2.0kmColchester
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.
