62, Paxman Avenue
62, Paxman Avenue
Description & Estimates
The public record describes 62, Paxman Avenue, Colchester as a mid-century apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
62, Paxman Avenue, Colchester has an estimated sale value of £182,475 and an estimated rental value of £1,089 per month, assuming reasonable condition and based on the information available.
Paxman Avenue, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
62, Paxman Avenue, Colchester has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
We combine this information with public data 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 62, Paxman Avenue, Colchester would be worth £191,599, with a potential rental value of £1,143 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £169,702, with a rental value of £1,013 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 62, Paxman Avenue, Colchester has declined by £949 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (3.0%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
62, Paxman Avenue, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 2016.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 62, Paxman Avenue, Colchester across the last 2 years.
Most recently, 4, Anglia Close, Colchester, CO2 9BP, a leasehold flat, sold at £180,000 on the 28th October 2024.
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 62, Paxman Avenue, Colchester as the 28th largest and the 49th most expensive of the 62 addresses on Paxman Avenue, Colchester, CO2.
Against the CO2 postcode district average, it is £100k less expensive than the typical property.
More reading links
Schools Nearby
- 400mGosbecks Primary School
- 400mKing's Ford Infant School and Nursery
- 400mKings Ford Academy
- 100mPaxman Academy
- 1.0kmPhilip Morant School and College
- 1.5kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
Colchester Town station is the nearest stop to 62, Paxman Avenue, Colchester at 2.8 kilometres away.
- 2.8kmColchester Town
- 3.5kmColchester
- 4.2kmHythe (Essex)
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.
