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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, 40, Caelum Drive, Colchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 586 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 40, Caelum Drive, Colchester is £163,713 and the estimated rental value is £977 per month.
Caelum Drive, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
40, Caelum Drive, Colchester has a single entry in the Land Registry from December 2009 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 40, Caelum Drive, Colchester is in very good condition we estimate a sale value of £171,898 and a rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,253 and a rental value of £909 per month.
Over the last 12 months the sale value of 40 Caelum Drive Colchester has decreased by an estimated £851 (0.5%) and its rental value has increased by an estimated £29 per month (3.0%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 40, Caelum Drive, Colchester was last sold on 18th December 2009 for £104,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2009, the market for similar properties has risen 38.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Caelum Drive, Colchester within a radius of 370 metres over the last 2 years.
The most recent example is 4 Sail House, Ship Wharf, Colchester, CO2 8YP, a leasehold flat which sold for £122,500 on the 25th November 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caelum Drive, Colchester, CO2 has a total of 121 addresses. According to our analysis of all the public data, 40, Caelum Drive, Colchester is the 94th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in CO2.
The closest station to 40, Caelum Drive, Colchester is Hythe (Essex) station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 40, Caelum Drive, Colchester, % of property is and % is .
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 40, Caelum Drive, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 40, Caelum Drive, 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 40, Caelum Drive, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
