51, Meachen Road
51, Meachen Road
Description & Estimates
Public records show 51, Meachen Road, Colchester to be a modern leasehold apartment with 807 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
51, Meachen Road, Colchester has an estimated sale value of £163,441 and an estimated rental value of £1,082 per month, assuming reasonable condition and based on the information available.
Meachen Road, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
51, Meachen Road, Colchester has 21 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 51, Meachen Road, Colchester would be worth £171,613, with a potential rental value of £1,136 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £152,000, with a rental value of £1,006 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 51, Meachen Road, Colchester has dropped by £2,586 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (2.2%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
51, Meachen Road, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
51, Meachen Road, Colchester last changed hands on 25th July 2023, selling for £160,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.3% since July 2023.
- Sold Jul 2023£160,000
- Sold Jun 2003£135,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 51, Meachen Road, Colchester across the last 2 years.
Most recently, 65, Meachen Road, Colchester, CO2 8JD, a leasehold flat, sold at £160,000 on the 22nd June 2023.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 51, Meachen Road, Colchester as the 7th largest and the 8th most expensive of the 40 addresses on Meachen Road, Colchester, CO2.
Against the CO2 postcode district average, it is £119k less expensive than the typical property.
More reading links
Schools Nearby
- 500mKendall Church of England Primary School
- 1.0kmUnity Primary Academy
- 1.2kmSt. George's School
- 1.7kmColchester Academy
- 2.1kmThe Thomas Lord Audley School
- 2.7kmColchester Royal Grammar School
More reading links
Public Transport Nearby
Hythe (Essex) station is the nearest stop to 51, Meachen Road, Colchester at 500 metres away.
- 500mHythe (Essex)
- 1.6kmColchester Town
- 3.1kmColchester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
