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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Spring Road, Colchester is £681,741 and the estimated rental value is £2,048 per month.
Spring Road, Tiptree, Colchester, CO5 is located in the borough of Colchester within the CO5 postal district.
6, Spring Road, Colchester has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 6, Spring Road, Colchester is in very good condition we estimate a sale value of £715,828 and a rental value of £2,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £634,019 and a rental value of £1,905 per month.
Over the last 12 months the sale value of 6 Spring Road Colchester has decreased by an estimated £4,226 (0.6%) and its rental value has increased by an estimated £52 per month (2.6%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 6, Spring Road, Colchester sits on a plot of 992m2.
We have plot size data on 12 out of 19 other houses in the postcode and 6, Spring Road, Colchester sits on the largest plot.
6, Spring Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Feb 2015.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, Spring Road, Colchester was last sold on 7th December 2016 for £422,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Spring Road, Colchester within a radius of 880 metres over the last 2 years.
The most recent example is 29, Rosemary Crescent, Colchester, CO5 0XA, a freehold house which sold for £625,000 on the 15th August 2024.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Road, Tiptree, Colchester, CO5 has a total of 19 addresses. According to our analysis of all the public data, 6, Spring Road, Colchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in CO5.
The closest station to 6, Spring Road, Colchester is Kelvedon station which is 4.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 6, Spring Road, Colchester, 57.7% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 6, Spring Road, Colchester, 13.2% of residents are recorded as possessing school level qualifications and 19.2% 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 6, Spring Road, Colchester, the average age was 45.8 and the most common age was 72.
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 6, Spring Road, Colchester, 0.9% 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 6, Spring Road, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.