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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Fairview, Colchester is £519,538 and its rental estimate is £1,785 per month, given the available information and assuming reasonable condition.
The Heath, Dedham, Colchester, CO7 falls within the CO7 postal district, in the borough of Colchester.
Fairview, Colchester has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated June 2014.
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.
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 Fairview, Colchester, we estimate a market value of £545,515 and a rental value of £1,874 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £483,170 and £1,660 per month respectively.
Over the last year, Fairview, Colchester has seen its estimated sale value fall by £3,545 (0.7%) and its estimated rental value move up by £39 per month (2.2%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for Fairview, Colchester as measuring 512 m2.
That makes it the 12th largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
Fairview, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Fairview, Colchester completed on 19th December 2017 at £625,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.3% over the period since December 2017.
Over the past 2 years 3 properties similar to Fairview, Colchester have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2023, was Bemerton, Coggeshall Road, Colchester, CO7 6ET, a freehold house which sold for £965,000.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on The Heath, Dedham, Colchester, CO7, Fairview, Colchester comes out as the 31st largest and the 27th most expensive in our analysis of the public data.
It is also £124k more expensive than the average property across the CO7 district.
From Fairview, Colchester, the nearest station is Manningtree, 3.4 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Fairview, Colchester, 52.9% of property is privately owned outright and 32.7% 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 Fairview, Colchester, 12.5% of residents are recorded as possessing school level qualifications and 42.6% 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 Fairview, Colchester, the average age was 44.7 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 Fairview, Colchester, 2.9% 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 Fairview, Colchester, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.