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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
According to the public record, 3, Caelum Drive, Colchester is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Caelum Drive, Colchester is £168,333 and the estimated rental value is £977 per month.
Caelum Drive, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
3, Caelum Drive, Colchester has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated May 2023.
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.
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 3, Caelum Drive, Colchester is in very good condition we estimate a sale value of £176,750 and a rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,550 and a rental value of £909 per month.
Over the past 12 months, the estimated sale value of 3, Caelum Drive, Colchester has dropped by £876 (0.5%), while its estimated rental value has risen by £29 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 7.0%.
3, Caelum Drive, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 3, Caelum Drive, Colchester was last sold on 21st June 2023 for £176,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped by 4.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Caelum Drive, Colchester within a radius of 360 metres over the last 2 years.
The most recent example is 4 Sail House, Ship Wharf, Colchester, CO2 8YP, a leasehold flat which sold for £122,500 on the 25th November 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caelum Drive, Colchester, CO2 has a total of 121 addresses. According to our analysis of all the public data, 3, Caelum Drive, Colchester is the 95th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in CO2.
The closest station to 3, Caelum Drive, Colchester is Hythe (Essex) station, which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Caelum Drive, Colchester, 82.5% of property is privately rented and 10.7% 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 3, Caelum Drive, Colchester, 73.5% of residents are recorded as possessing school level qualifications and 34.2% 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 3, Caelum Drive, Colchester, the average age was 32.8 and the most common age was 22.
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 3, Caelum Drive, 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 3, Caelum Drive, Colchester, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
