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According to the public record, 44, Greenstead Road, Colchester is a period Leasehold apartment with 430 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 44, Greenstead Road, Colchester is £248,275 and the estimated rental value is £1,354 per month.
The apartment is within 44, Greenstead Road, Colchester, CO1.
Greenstead Road, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
44, Greenstead Road, Colchester has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 44, Greenstead Road, Colchester is in very good condition we estimate a sale value of £260,689 and a rental value of £1,422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,896 and a rental value of £1,260 per month.
Over the last 12 months the sale value of 44 Greenstead Road Colchester has increased by an estimated £236 (0.1%) and its rental value has increased by an estimated £37 per month (2.7%), giving an expected gross yield of 6.5%.
44, Greenstead Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Greenstead Road, Colchester was last sold on 7th July 2017 for £245,000 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 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 550 metres radius of 44, Greenstead Road, Colchester over the last 2 years.
The most recent example is 42, Greenstead Road, Colchester, CO1 2TB, a freehold house which sold for £173,000 on the 21st May 2021.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenstead Road, Colchester, CO1 has a total of 349 addresses. According to our analysis of all the public data, 44, Greenstead Road, Colchester is the 257th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in CO1.
The closest station to 44, Greenstead Road, 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 44, Greenstead Road, Colchester, 40.3% of property is privately rented and 27.9% 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 44, Greenstead Road, Colchester, 23.0% of residents are recorded as possessing school level qualifications and 31.1% 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 44, Greenstead Road, Colchester, the average age was 43 and the most common age was 52.
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 44, Greenstead Road, Colchester, 2.5% 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 44, Greenstead Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.