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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
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Flat 5, The Old Rectory, Colchester is recorded publicly as a modern leasehold apartment across 904 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, The Old Rectory, Colchester is £233,381 and its rental estimate is £1,161 per month, given the available information and assuming reasonable condition.
The Old Rectory, Old Rectory Drive is a residential building on Old Rectory Drive, Colchester, CO1 and falls within the CO1 postal district and the borough of Colchester.
Flat 5, The Old Rectory, Colchester has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Flat 5, The Old Rectory, Colchester, we estimate a market value of £245,050 and a rental value of £1,219 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,044 and £1,080 per month respectively.
Over the last year, Flat 5, The Old Rectory, Colchester has seen its estimated sale value decline by £3,814 (1.6%) and its estimated rental value climb by £11 per month (1.0%). This results in an estimated gross rental yield of 6.0%.
Flat 5, The Old Rectory, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
The most recent sale of Flat 5, The Old Rectory, Colchester completed on 21st June 2019 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 5.1% over the period since June 2019.
Over the past 2 years 3 properties similar to Flat 5, The Old Rectory, Colchester have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was Flat 13, The Mill Apartments, East Street, Colchester, CO1 2QT, a leasehold flat which sold for £190,000.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Old Rectory Drive, Colchester, CO1, Flat 5, The Old Rectory, Colchester comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £633 less expensive than the average property across the CO1 district.
From Flat 5, The Old Rectory, Colchester, the nearest station is Colchester Town, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, The Old Rectory, Colchester, % of property is and % is .
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, The Old Rectory, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, The Old Rectory, Colchester, 0.0% 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, The Old Rectory, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
