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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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According to the public record, 29, Parsons Heath, Colchester is a period freehold house with 839 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Parsons Heath, Colchester is £280,028 and the estimated rental value is £1,353 per month.
Parsons Heath, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
29, Parsons Heath, Colchester has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated June 2016.
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.
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 29, Parsons Heath, Colchester is in very good condition we estimate a sale value of £294,029 and a rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,426 and a rental value of £1,259 per month.
Over the last 12 months the sale value of 29 Parsons Heath Colchester has decreased by an estimated £3,288 (1.2%) and its rental value has increased by an estimated £25 per month (1.8%), giving an expected gross yield of 5.8%.
29, Parsons Heath, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 29, Parsons Heath, Colchester was last sold on 18th October 2019 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Parsons Heath, Colchester within a radius of 630 metres over the last 2 years.
The most recent example is 23, Parsons Heath, Colchester, CO4 3HS, a freehold house which sold for £255,000 on the 22nd March 2021.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Heath, Colchester, CO4 has a total of 76 addresses. According to our analysis of all the public data, 29, Parsons Heath, Colchester is the 55th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in CO4.
The closest station to 29, Parsons Heath, Colchester is Hythe (Essex) station which is 1.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Parsons Heath, Colchester, 37.6% of property is privately owned outright and 34.2% 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, Parsons Heath, Colchester, 17.9% of residents are recorded as possessing school level qualifications and 24.6% 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, Parsons Heath, 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, Parsons Heath, Colchester, 0.3% 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, Parsons Heath, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
