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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, 39, Alefounder Close, Colchester is a mid-century apartment with 645 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 39, Alefounder Close, Colchester is £110,281 and the estimated rental value is £618 per month.
Alefounder Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
39, Alefounder Close, Colchester has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 39, Alefounder Close, Colchester is in very good condition we estimate a sale value of £115,795 and a rental value of £649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,561 and a rental value of £574 per month.
Over the last 12 months the sale value of 39 Alefounder Close Colchester has decreased by an estimated £471 (0.4%) and its rental value has increased by an estimated £20 per month (3.2%), giving an expected gross yield of 6.7%.
39, Alefounder Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Alefounder Close, Colchester within a radius of 520 metres over the last 2 years.
The most recent example is 109B, Forest Road, Colchester, CO4 3XG, a leasehold flat which sold for £141,000 on the 28th April 2023.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alefounder Close, Colchester, CO4 has a total of 33 addresses. According to our analysis of all the public data, 39, Alefounder Close, Colchester is the 22nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in CO4.
The closest station to 39, Alefounder Close, Colchester is Hythe (Essex) station which is 500 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 39, Alefounder Close, Colchester, 63.6% of property is socially rented and 19.5% is privately 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 39, Alefounder Close, Colchester, 42.4% of residents are recorded as possessing school level qualifications and 18.0% 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 39, Alefounder Close, 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 39, Alefounder Close, 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 39, Alefounder Close, Colchester, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
