8A, Fairfax Road
8A, Fairfax Road
Description & Estimates
8A, Fairfax Road, Colchester is described in the public record as a modern apartment with 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 8A, Fairfax Road, Colchester is £104,106 and its rental estimate is £735 per month, given the available information and assuming reasonable condition.
8, Fairfax Road is a residential building on Fairfax Road, Colchester, CO2 and falls within the CO2 postal district and the borough of Colchester.
Our Data Sources
8A, Fairfax Road, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2020.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8A, Fairfax Road, Colchester, we estimate a market value of £109,312 and a rental value of £772 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £96,819 and £684 per month respectively.
Recent Market Change
Over the last year, 8A, Fairfax Road, Colchester has seen its estimated sale value grow by £599 (0.6%) and its estimated rental value climb by £32 per month (4.3%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
8A, Fairfax Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8A, Fairfax Road, Colchester completed on 18th February 1997 at £29,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Feb 1997£29,500
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 8A, Fairfax Road, Colchester have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was Flat 10, Tymperley Court, Winnock Road, Colchester, CO1 2BG, a leasehold flat which sold for £117,500.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Fairfax Road, Colchester, CO2, 8A, Fairfax Road, Colchester comes out as the 52nd largest and the 53rd most expensive in our analysis of the public data.
It is also £179k less expensive than the average property across the CO2 district.
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Schools Nearby
- 400mSt John's Green Primary School
- 600mSt. George's School
- 600mSt Thomas More's Catholic Primary School, Colchester
- 1.2kmColchester Royal Grammar School
- 1.6kmSt Helena School
- 1.7kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
From 8A, Fairfax Road, Colchester, the nearest station is Colchester Town, 300 metres away.
- 300mColchester Town
- 1.6kmHythe (Essex)
- 2.0kmColchester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
