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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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7, Colne Springs, Halstead is recorded publicly as a mid-century freehold house across 1,336 ft2 of internal area, sitting on a 386 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Colne Springs, Halstead is £400,599 and its rental estimate is £1,634 per month, given the available information and assuming reasonable condition.
Colne Springs, Ridgewell, Halstead, CO9 falls within the CO9 postal district, in the borough of Braintree.
7, Colne Springs, Halstead has 31 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated May 2011.
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.
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 7, Colne Springs, Halstead, we estimate a market value of £420,629 and a rental value of £1,716 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £372,557 and £1,520 per month respectively.
Over the last year, 7, Colne Springs, Halstead has seen its estimated sale value decrease by £10,005 (2.5%) and its estimated rental value grow by £32 per month (2.0%). This results in an estimated gross rental yield of 4.9%.
HM Land Registry records the plot of land for 7, Colne Springs, Halstead as measuring 386 m2.
That makes it the 14th largest plot in the postcode, where 14 of the 15 other houses have recorded plot data.
7, Colne Springs, Halstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 7, Colne Springs, Halstead completed on 20th August 2019 at £395,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 6.2% over the period since August 2019.
Over the past 2 years 3 properties similar to 7, Colne Springs, Halstead have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th April 2022, was 10, Colne Springs, Halstead, CO9 4RX, a freehold house which sold for £425,000.
Read more about house prices in CO9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Colne Springs, Ridgewell, Halstead, CO9, 7, Colne Springs, Halstead comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the CO9 district.
From 7, Colne Springs, Halstead, the nearest station is Sudbury (Suffolk), 14.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Colne Springs, Halstead, 59.0% of property is privately owned outright and 34.2% 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, Colne Springs, Halstead, 16.1% of residents are recorded as possessing school level qualifications and 29.6% 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, Colne Springs, Halstead, the average age was 45.2 and the most common age was 57.
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, Colne Springs, Halstead, 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, Colne Springs, Halstead, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
