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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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5, Longstraw Close, Colchester is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Longstraw Close, Colchester is £99,333 and its rental estimate is £690 per month, given the available information and assuming reasonable condition.
Longstraw Close, Stanway, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
5, Longstraw Close, Colchester has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated May 2019.
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.
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 5, Longstraw Close, Colchester, we estimate a market value of £104,300 and a rental value of £724 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £92,380 and £641 per month respectively.
Over the last year, 5, Longstraw Close, Colchester has seen its estimated sale value increase by £63 (0.1%) and its estimated rental value grow by £23 per month (3.3%). This results in an estimated gross rental yield of 8.3%.
5, Longstraw Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Longstraw Close, Colchester completed on 7th October 2019 at £73,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 94.7% over the period since October 2019.
Over the past 2 years 3 properties similar to 5, Longstraw Close, Colchester have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2009, was 2, Longstraw Close, Colchester, CO3 0YZ, a leasehold flat which sold for £61,600.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 70 addresses on Longstraw Close, Stanway, Colchester, CO3, 5, Longstraw Close, Colchester comes out as the 3rd largest and the 17th most expensive in our analysis of the public data.
It is also £278k less expensive than the average property across the CO3 district.
From 5, Longstraw Close, Colchester, the nearest station is Colchester, 3.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Longstraw Close, Colchester, 67.5% of property is socially rented and 15.9% 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, Longstraw Close, Colchester, 2.5% of residents are recorded as possessing school level qualifications and 17.5% 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, Longstraw Close, Colchester, the average age was 41.8 and the most common age was 32.
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, Longstraw Close, Colchester, 0.0% 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, Longstraw Close, Colchester, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
