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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 7, Caelum Drive, Colchester to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Caelum Drive, Colchester has an estimated sale value of £171,119 and an estimated rental value of £988 per month, assuming reasonable condition and based on the information available.
Caelum Drive, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
7, Caelum Drive, Colchester has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated March 2019.
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.
In very good condition, we estimate 7, Caelum Drive, Colchester would be worth £179,674, with a potential rental value of £1,037 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £159,140, with a rental value of £918 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Caelum Drive, Colchester has fallen by £890 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (3.0%). The property's estimated gross yield is currently 6.9%.
7, Caelum Drive, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
7, Caelum Drive, Colchester last changed hands on 28th June 2007, selling for £175,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.1% since June 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of 7, Caelum Drive, Colchester across the last 2 years.
Most recently, 33, Caelum Drive, Colchester, CO2 8FN, a leasehold flat, sold at £170,000 on the 27th June 2023.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Caelum Drive, Colchester as the 91st largest and the 84th most expensive of the 121 addresses on Caelum Drive, Colchester, CO2.
Against the CO2 postcode district average, it is £112k less expensive than the typical property.
Hythe (Essex) station is the nearest stop to 7, Caelum Drive, Colchester at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Caelum Drive, Colchester, 82.5% of property is privately rented and 10.7% 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 7, Caelum Drive, Colchester, 73.5% of residents are recorded as possessing school level qualifications and 34.2% 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 7, Caelum Drive, Colchester, the average age was 32.8 and the most common age was 22.
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 7, Caelum Drive, Colchester, 0.0% 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 7, Caelum Drive, Colchester, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
