42, Homefield Road
42, Homefield Road
Description & Estimates
42, Homefield Road, Colchester is described in the public record as a mid-century house with 1,560 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 42, Homefield Road, Colchester is £312,660 and its rental estimate is £1,739 per month, given the available information and assuming reasonable condition.
Homefield Road, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
42, Homefield Road, Colchester has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 42, Homefield Road, Colchester, we estimate a market value of £328,293 and a rental value of £1,826 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,773 and £1,618 per month respectively.
Recent Market Change
Over the last year, 42, Homefield Road, Colchester has seen its estimated sale value decline by £4,266 (1.4%) and its estimated rental value climb by £40 per month (2.3%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
42, Homefield Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Homefield Road, Colchester have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2021, was 6, Lordswood Road, Colchester, CO2 9HZ, a freehold house which sold for £305,000.
Read more about house prices in CO2.
- Sold Feb 2021£305,000 | 4 Bed House6, Lordswood Road, Colchester, CO2 9HZ6, Lordswood Road, Colchester, CO2 9HZ
- Sold May 2017£223,500 | 4 Bed House17, Arakan Close, Colchester, CO2 9RD17, Arakan Close, Colchester, CO2 9RD
- Sold Jun 2014£177,000 | 4 Bed House53, Camulodunum Way, Colchester, CO2 9RA53, Camulodunum Way, Colchester, CO2 9RA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 37 addresses on Homefield Road, Colchester, CO2, 42, Homefield Road, Colchester comes out as the largest and the 13th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the CO2 district.
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Schools Nearby
- 200mMontgomery Primary School, Colchester
- 200mSt Michael's Primary School and Nursery, Colchester
- 700mKing's Ford Infant School and Nursery
- 1.1kmPaxman Academy
- 1.7kmThe Thomas Lord Audley School
- 1.8kmPhilip Morant School and College
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Public Transport Nearby
From 42, Homefield Road, Colchester, the nearest station is Colchester Town, 2.9 kilometres away.
- 2.9kmColchester Town
- 4.0kmHythe (Essex)
- 4.0kmColchester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
