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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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According to the public record, 7, Flail Close, Colchester is a mid-century house with 613 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Flail Close, Colchester is £258,637 and the estimated rental value is £1,183 per month.
Flail Close, Elmstead, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
7, Flail Close, Colchester has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
We combine this information with public data 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 7, Flail Close, Colchester is in very good condition we estimate a sale value of £271,569 and a rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,532 and a rental value of £1,100 per month.
Over the last 12 months the sale value of 7 Flail Close Colchester has decreased by an estimated £3,113 (1.2%) and its rental value has increased by an estimated £23 per month (2.0%), giving an expected gross yield of 5.5%.
7, Flail Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Flail Close, Colchester within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 74, Holly Way, Colchester, CO7 7YG, a freehold house which sold for £270,000 on the 2nd May 2024.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flail Close, Elmstead, Colchester, CO7 has a total of 18 addresses. According to our analysis of all the public data, 7, Flail Close, Colchester is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in CO7.
The closest station to 7, Flail Close, Colchester is Alresford (Essex) station which is 3.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Flail Close, Colchester, 44.2% of property is privately owned outright and 29.2% 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, Flail Close, Colchester, 16.5% of residents are recorded as possessing school level qualifications and 23.4% 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, Flail Close, Colchester, the average age was 43.8 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, Flail Close, Colchester, 0.4% 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, Flail Close, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
