292, Old Heath Road
292, Old Heath Road
Description & Estimates
292, Old Heath Road, Colchester is recorded publicly as a period freehold house across 850 ft2 of internal area, sitting on a 281 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 292, Old Heath Road, Colchester is £245,392 and its rental estimate is £1,408 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
292, Old Heath Road, Colchester has 3 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated January 2021.
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 292, Old Heath Road, Colchester, we estimate a market value of £257,662 and a rental value of £1,479 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,215 and £1,310 per month respectively.
Recent Market Change
Over the last year, 292, Old Heath Road, Colchester has seen its estimated sale value drop by £3,335 (1.4%) and its estimated rental value rise by £30 per month (2.1%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 292, Old Heath Road, Colchester as measuring 281 m2.
That makes it the 19th largest plot in the postcode, where 25 of the 27 other houses have recorded plot data.
Energy Efficiency
292, Old Heath Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 292, Old Heath Road, Colchester completed on 28th January 2022 at £285,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 0.7% over the period since January 2022.
- Sold Jan 2022£285,000
- Sold May 2020£215,000
- Sold Jan 2012£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 292, Old Heath Road, Colchester have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2022, was 274, Old Heath Road, Colchester, CO2 8BW, a freehold house which sold for £250,000.
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 219 addresses on Old Heath Road, Colchester, CO2, 292, Old Heath Road, Colchester comes out as the 129th largest and the 158th most expensive in our analysis of the public data.
It is also £38k 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 292, 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.
