41, New Town Road
41, New Town Road
Description & Estimates
According to the public record, 41, New Town Road, Colchester is a period freehold house with 2,281 ft2 of internal area and sits on a 586 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, New Town Road, Colchester is £537,390 and the estimated rental value is £2,415 per month.
New Town Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
41, New Town Road, Colchester has 31 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 41, New Town Road, Colchester is in very good condition we estimate a sale value of £564,259 and a rental value of £2,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £499,772 and a rental value of £2,246 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41, New Town Road, Colchester has moved down by £2,212 (0.4%), while its estimated rental value has increased by £58 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Plot Size
According to data from HM Land Registry, 41, New Town Road, Colchester sits on a plot of 586 m2.
We have plot size data on 8 out of 13 other houses in the postcode and 41, New Town Road, Colchester sits on the 5th largest plot.
Energy Efficiency
41, New Town Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 41, New Town Road, Colchester was last sold on 18th March 2013 for £395,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2013, the market for similar properties has risen by 58.3%.
- Sold Mar 2013£395,000
- Sold Aug 2010£355,000
- Sold Jan 2003£245,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, New Town Road, Colchester within a radius of 380 metres over the last 2 years.
The most recent example is 24, New Town Road, Colchester, CO1 2EF, a freehold house which sold for £540,000 on the 20th June 2024.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
New Town Road, Colchester, CO1 has a total of 65 addresses. According to our analysis of all the public data, 41, New Town Road, Colchester is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £303k more expensive than the average property in CO1.
More reading links
Schools Nearby
- 300mSt. George's School
- 800mSt Thomas More's Catholic Primary School, Colchester
- 800mKendall Church of England Primary School
- 1.6kmThe Thomas Lord Audley School
- 1.7kmColchester Royal Grammar School
- 2.1kmSt Helena School
More reading links
Public Transport Nearby
The closest station to 41, New Town Road, Colchester is Colchester Town station, which is 700 metres away.
- 700mColchester Town
- 1.2kmHythe (Essex)
- 2.4kmColchester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
