54, Lavender Crescent
54, Lavender Crescent
Description & Estimates
Public records show 54, Lavender Crescent, Colchester to be a modern freehold house with 764 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
54, Lavender Crescent, Colchester has an estimated sale value of £327,058 and an estimated rental value of £1,463 per month, assuming reasonable condition and based on the information available.
Lavender Crescent, Feering, Colchester, CO5 lies in the borough of Braintree, within the CO5 postal district.
Our Data Sources
54, Lavender Crescent, Colchester has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated July 2022.
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.
Price Range & Condition
In very good condition, we estimate 54, Lavender Crescent, Colchester would be worth £343,411, with a potential rental value of £1,536 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £304,164, with a rental value of £1,360 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 54, Lavender Crescent, Colchester has dropped by £5,124 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (2.2%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
54, Lavender Crescent, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
54, Lavender Crescent, Colchester last changed hands on 24th August 2022, selling for £342,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.2% since August 2022.
- Sold Aug 2022£342,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 54, Lavender Crescent, Colchester across the last 2 years.
Most recently, 60, Lavender Crescent, Colchester, CO5 9GJ, a freehold house, sold at £347,000 on the 9th September 2022.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 54, Lavender Crescent, Colchester as the 51st largest and the 58th most expensive of the 58 addresses on Lavender Crescent, Feering, Colchester, CO5.
Against the CO5 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 200mFeering Church of England Primary School
- 1.2kmKelvedon St Mary's Church of England Primary Academy
- 2.4kmMessing Primary School
- 3.4kmThurstable School
- 4.3kmHonywood School
- 6.3kmLift New Rickstones
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Public Transport Nearby
Kelvedon station is the nearest stop to 54, Lavender Crescent, Colchester at 1.1 kilometres away.
- 1.1kmKelvedon
- 6.1kmMarks Tey
- 6.8kmWitham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
