4 Castle House, Colchester
4 Castle House, Colchester
Description & Estimates
According to the public record, 4 Castle House, Colchester is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Castle House, Colchester is £338,289 and the estimated rental value is £1,683 per month.
The apartment is within Castle House, Castle Bailey, Colchester, CO1.
Castle Bailey, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
4 Castle House, Colchester has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 4 Castle House, Colchester is in very good condition we estimate a sale value of £355,203 and a rental value of £1,767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,609 and a rental value of £1,565 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4 Castle House, Colchester has decreased by £6,942 (2.1%), while its estimated rental value has grown by £12 per month (0.7%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
4 Castle House, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4 Castle House, Colchester was last sold on 10th July 2017 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has risen by 5.8%.
- Sold Jul 2017£395,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Castle House, Colchester within a radius of 470 metres over the last 2 years.
The most recent example is 2 Castle House, Castle Bailey, Colchester, CO1 1FA, a leasehold flat which sold for £347,500 on the 21st December 2022.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Castle Bailey, Colchester, CO1 has a total of 6 addresses. According to our analysis of all the public data, 4 Castle House, Colchester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in CO1.
More reading links
Schools Nearby
- 400mSt Thomas More's Catholic Primary School, Colchester
- 500mSt John's Green Primary School
- 600mSt James the Great Church of England Primary School
- 1.2kmColchester Royal Grammar School
- 1.2kmSt Helena School
- 2.0kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
The closest station to 4 Castle House, Colchester is Colchester Town station, which is 400 metres away.
- 400mColchester Town
- 1.4kmColchester
- 1.8kmHythe (Essex)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
