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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
Public records show 22A, Wellesley Road, Colchester to be a period leasehold apartment with 1,352 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
22A, Wellesley Road, Colchester has an estimated sale value of £237,266 and an estimated rental value of £1,427 per month, assuming reasonable condition and based on the information available.
The apartment sits within 22, Wellesley Road, Colchester, CO3.
Wellesley Road, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
22A, Wellesley Road, Colchester has 41 entries in the Land Registry , most recently in December 2010 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 22A, Wellesley Road, Colchester would be worth £249,129, with a potential rental value of £1,498 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,657, with a rental value of £1,327 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 22A, Wellesley Road, Colchester has fallen by £3,541 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (2.3%). The property's estimated gross yield is currently 7.2%.
22A, Wellesley Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
22A, Wellesley Road, Colchester last changed hands on 8th December 2010, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 39.1% since December 2010.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 22A, Wellesley Road, Colchester across the last 2 years.
Most recently, 32, St. Marys Fields, Colchester, CO3 3AE, a leasehold flat, sold at £235,000 on the 6th December 2019.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 22A, Wellesley Road, Colchester as the 23rd largest and the 36th most expensive of the 64 addresses on Wellesley Road, Colchester, CO3.
Against the CO3 postcode district average, it is £140k less expensive than the typical property.
Colchester Town station is the nearest stop to 22A, Wellesley Road, Colchester at 900 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22A, Wellesley Road, Colchester, 55.8% of property is privately rented and 22.5% 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 22A, Wellesley Road, Colchester, 16.9% of residents are recorded as possessing school level qualifications and 48.5% 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 22A, Wellesley Road, Colchester, the average age was 37.4 and the most common age was 47.
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 22A, Wellesley Road, 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 22A, Wellesley Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
