71, Nicholsons Grove
71, Nicholsons Grove
Description & Estimates
According to the public record, 71, Nicholsons Grove, Colchester is a modern apartment with 454 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Nicholsons Grove, Colchester is £132,046 and the estimated rental value is £889 per month.
Nicholsons Grove, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
71, Nicholsons Grove, Colchester has no records in the the Land Registry and a single entry in the EPC database dated November 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 71, Nicholsons Grove, Colchester is in very good condition we estimate a sale value of £138,648 and a rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,803 and a rental value of £827 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 71, Nicholsons Grove, Colchester has grown by £125 (0.1%), while its estimated rental value has climbed by £24 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 8.1%.
Energy Efficiency
71, Nicholsons Grove, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Nicholsons Grove, Colchester within a radius of 380 metres over the last 2 years.
The most recent example is 33, Nicholsons Grove, Colchester, CO1 2XS, a leasehold flat which sold for £138,000 on the 1st November 2024.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Nicholsons Grove, Colchester, CO1 has a total of 123 addresses. According to our analysis of all the public data, 71, Nicholsons Grove, Colchester is the 60th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in CO1.
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Schools Nearby
- 200mSt Thomas More's Catholic Primary School, Colchester
- 600mSt James the Great Church of England Primary School
- 600mSt John's Green Primary School
- 1.4kmColchester Royal Grammar School
- 1.6kmSt Helena School
- 2.1kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
The closest station to 71, Nicholsons Grove, Colchester is Colchester Town station, which is 300 metres away.
- 300mColchester Town
- 1.4kmHythe (Essex)
- 1.8kmColchester
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
