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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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The public record describes 4, Meadow Grass Close, Colchester as a modern apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
4, Meadow Grass Close, Colchester has an estimated sale value of £78,500 and an estimated rental value of £605 per month, assuming reasonable condition and based on the information available.
Meadow Grass Close, Stanway, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
4, Meadow Grass Close, Colchester has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data 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.
In very good condition, we estimate 4, Meadow Grass Close, Colchester would be worth £82,425, with a potential rental value of £636 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £73,005, with a rental value of £563 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Meadow Grass Close, Colchester has increased by £795 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (4.2%). The property's estimated gross yield is currently 9.3%.
4, Meadow Grass Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 740 metres of 4, Meadow Grass Close, Colchester across the last 2 years.
Most recently, 5, Meadow Grass Close, Colchester, CO3 0PL, a leasehold flat, sold at £75,000 on the 21st January 2022.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Meadow Grass Close, Colchester as the 25th largest and the 25th most expensive of the 31 addresses on Meadow Grass Close, Stanway, Colchester, CO3.
Against the CO3 postcode district average, it is £299k less expensive than the typical property.
Marks Tey station is the nearest stop to 4, Meadow Grass Close, Colchester at 3.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Meadow Grass Close, Colchester, 48.9% of property is privately owned outright and 37.6% 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 4, Meadow Grass Close, Colchester, 20.4% of residents are recorded as possessing school level qualifications and 30.3% 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 4, Meadow Grass Close, Colchester, the average age was 41.8 and the most common age was 32.
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 4, Meadow Grass 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 4, Meadow Grass Close, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
