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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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31, Hornbeam Close, Colchester is described in the public record as a mid-century house with 936 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 31, Hornbeam Close, Colchester is £250,767 and its rental estimate is £1,422 per month, given the available information and assuming reasonable condition.
Hornbeam Close, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
31, Hornbeam Close, Colchester has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data 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.
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 31, Hornbeam Close, Colchester, we estimate a market value of £263,305 and a rental value of £1,494 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,213 and £1,323 per month respectively.
Over the last year, 31, Hornbeam Close, Colchester has seen its estimated sale value decrease by £3,408 (1.4%) and its estimated rental value grow by £30 per month (2.1%). This results in an estimated gross rental yield of 6.8%.
31, Hornbeam Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 31, Hornbeam Close, Colchester have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 1, Ilex Close, Colchester, CO2 9QB, 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.
Of the 52 addresses on Hornbeam Close, Colchester, CO2, 31, Hornbeam Close, Colchester comes out as the 14th largest and the 24th most expensive in our analysis of the public data.
It is also £32k less expensive than the average property across the CO2 district.
From 31, Hornbeam Close, Colchester, the nearest station is Colchester Town, 2.5 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 31, Hornbeam Close, Colchester, 85.5% of property is privately rented and 7.3% 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 31, Hornbeam Close, Colchester, 30.3% of residents are recorded as possessing school level qualifications and 40.2% 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 31, Hornbeam Close, Colchester, the average age was 33 and the most common age was 7.
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 31, Hornbeam 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 31, Hornbeam 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.
