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In this area, apartments of this size normally have 2 bedrooms.
Flat 4, 3, Cambridge Road, Colchester has an estimated sale value of £290,200 and an estimated rental value of £1,468 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Cambridge Road, Colchester, CO3.
Cambridge Road, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
Flat 4, 3, Cambridge Road, Colchester has no records in the the Land Registry and a single entry in the EPC database dated July 2024.
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.
In very good condition, we estimate Flat 4, 3, Cambridge Road, Colchester would be worth £304,710, with a potential rental value of £1,542 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £269,886, with a rental value of £1,365 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 4, 3, Cambridge Road, Colchester has grown by £185 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £49 (3.3%). The property's estimated gross yield is currently 6.1%.
Flat 4, 3, Cambridge Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of Flat 4, 3, Cambridge Road, Colchester across the last 2 years.
Most recently, Flat 3, West Lodge 16, West Lodge Road, Colchester, CO3 3PH, a leasehold flat, sold at £173,000 on the 14th June 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 Flat 4, 3, Cambridge Road, Colchester as the 71st largest and the 66th most expensive of the 77 addresses on Cambridge Road, Colchester, CO3.
Against the CO3 postcode district average, it is £87k less expensive than the typical property.
Colchester Town station is the nearest stop to Flat 4, 3, Cambridge Road, Colchester at 1.4 kilometres 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 Flat 4, 3, Cambridge Road, Colchester, 42.9% of property is privately owned outright and 36.4% 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 Flat 4, 3, Cambridge Road, Colchester, 23.0% of residents are recorded as possessing school level qualifications and 56.0% 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 Flat 4, 3, Cambridge 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 Flat 4, 3, Cambridge Road, Colchester, 3.3% 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 Flat 4, 3, Cambridge Road, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.