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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, 48, Rayner Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 727 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Rayner Road, Colchester is £277,363 and the estimated rental value is £1,381 per month.
Rayner Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
48, Rayner Road, Colchester has a single entry in the Land Registry from October 2013 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 48, Rayner Road, Colchester is in very good condition we estimate a sale value of £291,231 and a rental value of £1,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,948 and a rental value of £1,284 per month.
Over the last 12 months the sale value of 48 Rayner Road Colchester has decreased by an estimated £2,352 (0.8%) and its rental value has increased by an estimated £25 per month (1.8%), giving an expected gross yield of 6%.
According to HM Land Registry, 48, Rayner Road, Colchester was last sold on 21st October 2013 for £151,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen 51.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Rayner Road, Colchester within a radius of 640 metres over the last 2 years.
The most recent example is 23, Plume Avenue, Colchester, CO3 4PQ, a freehold house which sold for £270,000 on the 16th October 2023.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayner Road, Colchester, CO2 has a total of 86 addresses. According to our analysis of all the public data, 48, Rayner Road, Colchester is the 70th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in CO2.
The closest station to 48, Rayner Road, Colchester is Colchester Town station which is 2.4 kilometres 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 48, Rayner Road, Colchester, 36.3% of property is privately owned with a mortgage and 27.4% is privately owned outright.
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 48, Rayner Road, Colchester, 27.1% of residents are recorded as possessing school level qualifications and 21.0% 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 48, Rayner Road, Colchester, the average age was 33 and the most common age was 7.
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 48, Rayner Road, Colchester, 0.6% 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 48, Rayner Road, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
