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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, Sterling Close, Colchester is a modern freehold house with 796 ft2 of internal area and sits on a 441 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Sterling Close, Colchester is £379,993 and the estimated rental value is £1,819 per month.
Sterling Close, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
7, Sterling Close, Colchester has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated July 2022.
We combine this information with that 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.
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, Sterling Close, Colchester is in very good condition we estimate a sale value of £398,993 and a rental value of £1,910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,394 and a rental value of £1,691 per month.
Over the last 12 months the sale value of 7 Sterling Close Colchester has decreased by an estimated £1,301 (0.3%) and its rental value has increased by an estimated £39 per month (2.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 7, Sterling Close, Colchester sits on a plot of 441m2.
We have plot size data on 8 out of 10 other houses in the postcode and 7, Sterling Close, Colchester sits on the 2nd largest plot.
7, Sterling Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Sterling Close, Colchester was last sold on 31st July 2020 for £362,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Sterling Close, Colchester within a radius of 590 metres over the last 2 years.
The most recent example is 22, Scythe Way, Colchester, CO3 4SJ, a freehold house which sold for £295,000 on the 20th November 2024.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sterling Close, Colchester, CO3 has a total of 10 addresses. According to our analysis of all the public data, 7, Sterling Close, Colchester is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in CO3.
The closest station to 7, Sterling Close, Colchester is Colchester station which is 3.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Sterling Close, Colchester, 59.7% of property is privately owned outright and 36.0% 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, Sterling Close, Colchester, 18.7% of residents are recorded as possessing school level qualifications and 45.3% 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, Sterling Close, Colchester, the average age was 45.6 and the most common age was 52.
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, Sterling Close, Colchester, 0.8% 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, Sterling Close, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
