56, Ipswich Road
56, Ipswich Road
Description & Estimates
56, Ipswich Road, Colchester is described in the public record as a period house with 624 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 56, Ipswich Road, Colchester is £198,449 and its rental estimate is £1,130 per month, given the available information and assuming reasonable condition.
Ipswich Road, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
Our Data Sources
56, Ipswich Road, Colchester has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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
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 56, Ipswich Road, Colchester, we estimate a market value of £208,371 and a rental value of £1,187 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,557 and £1,051 per month respectively.
Recent Market Change
Over the last year, 56, Ipswich Road, Colchester has seen its estimated sale value decline by £1,638 (0.8%) and its estimated rental value climb by £23 per month (2.0%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
56, Ipswich Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Ipswich Road, Colchester have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 42, Ipswich Road, Colchester, CO1 2YE, a freehold house which sold for £139,500.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Ipswich Road, Colchester, CO1, 56, Ipswich Road, Colchester comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the CO1 district.
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Schools Nearby
- 400mSt James the Great Church of England Primary School
- 700mSt Thomas More's Catholic Primary School, Colchester
- 800mWillow Brook Primary School and Nursery
- 1.5kmColchester Academy
- 2.0kmSt Helena School
- 2.2kmColchester Royal Grammar School
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Public Transport Nearby
From 56, Ipswich Road, Colchester, the nearest station is Hythe (Essex), 900 metres away.
- 900mHythe (Essex)
- 1.1kmColchester Town
- 1.9kmColchester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
