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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
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29, Kingfisher Close, Colchester is recorded publicly as a modern leasehold apartment across 269 ft2 of internal area.
Locally, apartments of this size are normally studios.
Our estimate of the sale value of 29, Kingfisher Close, Colchester is £91,444 and its rental estimate is £882 per month, given the available information and assuming reasonable condition.
Kingfisher Close, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
29, Kingfisher Close, Colchester has a single entry in the Land Registry from May 2011 and a single entry in the EPC database dated September 2021.
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.
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, Kingfisher Close, Colchester, we estimate a market value of £96,016 and a rental value of £926 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £85,043 and £820 per month respectively.
Over the last year, 29, Kingfisher Close, Colchester has seen its estimated sale value grow by £337 (0.4%) and its estimated rental value climb by £34 per month (3.8%). This results in an estimated gross rental yield of 11.6%.
29, Kingfisher Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 29, Kingfisher Close, Colchester completed on 5th May 2011 at £60,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 54.3% over the period since May 2011.
Over the past 2 years 3 properties similar to 29, Kingfisher Close, Colchester have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th February 2022, was 34, Kingfisher Close, Colchester, CO4 3FY, a leasehold flat which sold for £90,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 39 addresses on Kingfisher Close, Colchester, CO4, 29, Kingfisher Close, Colchester comes out as the 39th largest and the 38th most expensive in our analysis of the public data.
It is also £221k less expensive than the average property across the CO4 district.
From 29, Kingfisher Close, Colchester, the nearest station is Hythe (Essex), 1.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Kingfisher Close, Colchester, 46.3% of property is privately owned outright and 30.6% 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 29, Kingfisher Close, Colchester, 17.1% of residents are recorded as possessing school level qualifications and 17.7% 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 29, Kingfisher Close, Colchester, the average age was 43 and the most common age was 52.
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 29, Kingfisher Close, 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 29, Kingfisher Close, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
