Flat 2, 43
Flat 2, 43
Description & Estimates
Flat 2, 43, New Town Road, Colchester is described in the public record as a period apartment with 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 43, New Town Road, Colchester is £170,910 and its rental estimate is £1,031 per month, given the available information and assuming reasonable condition.
43, New Town Road is a residential building on New Town Road, Colchester, CO1 and falls within the CO1 postal district and the borough of Colchester.
Our Data Sources
Flat 2, 43, New Town Road, Colchester has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data 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.
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 Flat 2, 43, New Town Road, Colchester, we estimate a market value of £179,455 and a rental value of £1,083 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,946 and £959 per month respectively.
Recent Market Change
Over the last year, Flat 2, 43, New Town Road, Colchester has seen its estimated sale value climb by £162 (0.1%) and its estimated rental value rise by £28 per month (2.7%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 2, 43, New Town Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 43, New Town Road, Colchester have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th June 2021, was Flat 5, Ravenswood, New Town Road, Colchester, CO1 2EG, a leasehold flat which sold for £165,000.
Read more about house prices in CO1.
- Sold Jun 2021£165,000 | 2 Bed FlatRavenswood, New Town RoadFlat 5, Ravenswood, New Town Road, Colchester, CO1 2EG
- Sold May 2020£160,000 | 2 Bed FlatWoodlands, New Town RoadFlat 1, Woodlands, New Town Road, Colchester, CO1 2EF
- Sold Apr 2014£91,500 | 2 Bed FlatMilitary Road83B, Military Road, Colchester, CO1 2AP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 65 addresses on New Town Road, Colchester, CO1, Flat 2, 43, New Town Road, Colchester comes out as the 38th largest and the 41st most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the CO1 district.
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Schools Nearby
- 300mSt. George's School
- 800mSt Thomas More's Catholic Primary School, Colchester
- 800mKendall Church of England Primary School
- 1.6kmThe Thomas Lord Audley School
- 1.7kmColchester Royal Grammar School
- 2.1kmSt Helena School
More reading links
Public Transport Nearby
From Flat 2, 43, New Town Road, Colchester, the nearest station is Colchester Town, 700 metres away.
- 700mColchester Town
- 1.2kmHythe (Essex)
- 2.4kmColchester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
