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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, 5, Forge Street, Colchester is a mid-century freehold house with 990 ft2 of internal area and sits on a 719 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Forge Street, Colchester is £352,394 and the estimated rental value is £1,520 per month.
Forge Street, Dedham, Colchester, CO7 is located in the borough of Colchester within the CO7 postal district.
5, Forge Street, Colchester has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Forge Street, Colchester is in very good condition we estimate a sale value of £370,014 and a rental value of £1,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,727 and a rental value of £1,414 per month.
Over the last 12 months the sale value of 5 Forge Street Colchester has decreased by an estimated £2,404 (0.7%) and its rental value has increased by an estimated £33 per month (2.2%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 5, Forge Street, Colchester sits on a plot of 719m2.
We have plot size data on 29 out of 31 other houses in the postcode and 5, Forge Street, Colchester sits on the 4th largest plot.
5, Forge Street, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 5, Forge Street, Colchester was last sold on 6th October 2023 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Forge Street, Colchester within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 27, Forge Street, Colchester, CO7 6AR, a freehold house which sold for £367,500 on the 25th June 2021.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Street, Dedham, Colchester, CO7 has a total of 39 addresses. According to our analysis of all the public data, 5, Forge Street, Colchester is the 12th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in CO7.
The closest station to 5, Forge Street, Colchester is Manningtree station which is 3.3 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 5, Forge Street, Colchester, 42.9% of property is socially rented and 27.1% 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 5, Forge Street, Colchester, 20.9% of residents are recorded as possessing school level qualifications and 21.9% 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 5, Forge Street, Colchester, the average age was 44.7 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 5, Forge Street, Colchester, 1.3% 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 5, Forge Street, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
