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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, 38, Ilex Close, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 535 ft2 of internal area and sits on a 119 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Ilex Close, Colchester is £178,887 and the estimated rental value is £1,028 per month.
Ilex Close, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
38, Ilex Close, Colchester has 4 entries in the Land Registry , most recently in August 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 38, Ilex Close, Colchester is in very good condition we estimate a sale value of £187,832 and a rental value of £1,079 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,365 and a rental value of £956 per month.
Over the last 12 months the sale value of 38 Ilex Close Colchester has decreased by an estimated £1,872 (1.0%) and its rental value has increased by an estimated £16 per month (1.5%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 38, Ilex Close, Colchester sits on a plot of 119m2.
We have plot size data on 28 out of 30 other houses in the postcode and 38, Ilex Close, Colchester sits on the 21st largest plot.
According to HM Land Registry, 38, Ilex Close, Colchester was last sold on 2nd August 2019 for £141,875 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2019, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 38, Ilex Close, Colchester within a radius of 830 metres over the last 2 years.
The most recent example is 62, Ilex Close, Colchester, CO2 9QD, a freehold house which sold for £138,000 on the 20th July 2016.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ilex Close, Colchester, CO2 has a total of 126 addresses. According to our analysis of all the public data, 38, Ilex Close, Colchester is the 125th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in CO2.
The closest station to 38, Ilex Close, Colchester is Colchester Town station which is 2.5 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 38, Ilex Close, Colchester, 52.3% of property is privately rented and 36.7% is socially rented.
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 38, Ilex Close, Colchester, 37.1% of residents are recorded as possessing school level qualifications and 24.9% 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 38, Ilex 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 38, Ilex 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 38, Ilex Close, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
