8, Rowan Place
8, Rowan Place
Description & Estimates
Public records show 8, Rowan Place, Colchester to be a modern leasehold apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8, Rowan Place, Colchester has an estimated sale value of £174,955 and an estimated rental value of £944 per month, assuming reasonable condition and based on the information available.
Rowan Place, Colchester, CO1 lies in the borough of Colchester, within the CO1 postal district.
Our Data Sources
8, Rowan Place, Colchester has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated March 2019.
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.
Price Range & Condition
In very good condition, we estimate 8, Rowan Place, Colchester would be worth £183,703, with a potential rental value of £991 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £162,708, with a rental value of £878 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 8, Rowan Place, Colchester has increased by £166 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £26 (2.7%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
8, Rowan Place, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
8, Rowan Place, Colchester last changed hands on 17th June 2016, selling for £157,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 6.9% since June 2016.
- Sold Jun 2016£157,000
- Sold Oct 2002£131,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 8, Rowan Place, Colchester across the last 2 years.
Most recently, 1, Rowan Place, Colchester, CO1 1AJ, a leasehold flat, sold at £160,000 on the 27th September 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
Our analysis of the public data ranks 8, Rowan Place, Colchester as the 38th largest and the 38th most expensive of the 38 addresses on Rowan Place, Colchester, CO1.
Against the CO1 postcode district average, it is £59k less expensive than the typical property.
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Schools Nearby
- 300mNorth Primary School and Nursery
- 900mQueen Boudica Primary School
- 1.3kmSt James the Great Church of England Primary School
- 600mSt Helena School
- 1.5kmColchester Royal Grammar School
- 2.1kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 8, Rowan Place, Colchester at 300 metres away.
- 300mColchester
- 1.4kmColchester Town
- 2.6kmHythe (Essex)
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.
