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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
According to the public record, Flat 5, Beech Tree Lodge, Colchester is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Beech Tree Lodge, Colchester is £235,010 and the estimated rental value is £1,214 per month.
The apartment is within Beech Tree Lodge, Lexden Road, Colchester, CO3.
Lexden Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Flat 5, Beech Tree Lodge, Colchester has 5 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated March 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, Beech Tree Lodge, Colchester is in very good condition we estimate a sale value of £246,760 and a rental value of £1,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,559 and a rental value of £1,129 per month.
Over the past 12 months, the estimated sale value of Flat 5, Beech Tree Lodge, Colchester has increased by £150 (0.1%), while its estimated rental value has grown by £40 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Flat 5, Beech Tree Lodge, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, Beech Tree Lodge, Colchester was last sold on 31st October 2022 for £240,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2022, the market for similar properties has dropped by 7.1%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Beech Tree Lodge, Colchester within a radius of 990 metres over the last 2 years.
The most recent example is Flat 5, The Limes, Sanders Drive, Colchester, CO3 3SJ, a leasehold flat which sold for £194,000 on the 22nd November 2024.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lexden Road, Colchester, CO3 has a total of 217 addresses. According to our analysis of all the public data, Flat 5, Beech Tree Lodge, Colchester is the 189th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in CO3.
The closest station to Flat 5, Beech Tree Lodge, Colchester is Colchester station, which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Beech Tree Lodge, Colchester, 59.6% of property is privately owned outright and 32.9% 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 5, Beech Tree Lodge, Colchester, 15.6% of residents are recorded as possessing school level qualifications and 50.0% 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 5, Beech Tree Lodge, Colchester, the average age was 43.4 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 Flat 5, Beech Tree Lodge, Colchester, 1.5% 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 5, Beech Tree Lodge, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
