7, Oak Road
7, Oak Road
Description & Estimates
The public record describes 7, Oak Road, Colchester as a mid-century apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Oak Road, Colchester has an estimated sale value of £233,870 and an estimated rental value of £1,059 per month, assuming reasonable condition and based on the information available.
The apartment sits within 7, Oak Road, Tiptree, Colchester, CO5.
Oak Road, Tiptree, Colchester, CO5 lies in the borough of Colchester, within the CO5 postal district.
Our Data Sources
7, Oak Road, Colchester has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 7, Oak Road, Colchester would be worth £245,564, with a potential rental value of £1,112 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £217,499, with a rental value of £985 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 7, Oak Road, Colchester has declined by £554 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (3.8%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
7, Oak Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2019.
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 2 sales of comparable properties within 1.0 kilometres of 7, Oak Road, Colchester across the last 2 years.
Most recently, 31, Ager Avenue, Colchester, CO5 0GL, a leasehold flat, sold at £572,814 on the 14th December 2022.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Oak Road, Colchester as the 77th largest and the 79th most expensive of the 86 addresses on Oak Road, Tiptree, Colchester, CO5.
Against the CO5 postcode district average, it is £185k less expensive than the typical property.
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Schools Nearby
- 500mBaynards Primary School
- 600mMilldene Primary School
- 1.2kmMessing Primary School
- 300mThurstable School
- 7.4kmHonywood School
- 7.7kmLift New Rickstones
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Public Transport Nearby
Kelvedon station is the nearest stop to 7, Oak Road, Colchester at 3.7 kilometres away.
- 3.7kmKelvedon
- 7.0kmMarks Tey
- 7.6kmWitham
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.
