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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Roach Vale, Colchester is £161,466 and the estimated rental value is £896 per month.
Roach Vale, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
55, Roach Vale, Colchester has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 55, Roach Vale, Colchester is in very good condition we estimate a sale value of £169,539 and a rental value of £940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,163 and a rental value of £833 per month.
Over the last 12 months the sale value of 55 Roach Vale Colchester has increased by an estimated £235 (0.1%) and its rental value has increased by an estimated £32 per month (3.5%), giving an expected gross yield of 6.7%.
55, Roach Vale, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 55, Roach Vale, Colchester was last sold on 29th April 2022 for £162,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 55, Roach Vale, Colchester within a radius of 680 metres over the last 2 years.
The most recent example is 13, Paul Spendlove Court, Roach Vale, Colchester, CO4 3HH, a leasehold flat which sold for £104,000 on the 27th May 2008.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roach Vale, Colchester, CO4 has a total of 70 addresses. According to our analysis of all the public data, 55, Roach Vale, Colchester is the 67th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in CO4.
The closest station to 55, Roach Vale, Colchester is Hythe (Essex) station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 55, Roach Vale, Colchester, 44.0% of property is privately owned with a mortgage and 26.4% 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 55, Roach Vale, Colchester, 20.2% of residents are recorded as possessing school level qualifications and 26.1% 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 55, Roach Vale, Colchester, the average age was 43 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 55, Roach Vale, Colchester, 0.7% 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 55, Roach Vale, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.