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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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Lainston, Colchester is recorded publicly as a modern freehold house across 1,980 ft2 of internal area, sitting on a 1,145 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Lainston, Colchester is £674,046 and its rental estimate is £1,881 per month, given the available information and assuming reasonable condition.
Layer Road, Abberton, Colchester, CO5 falls within the CO5 postal district, in the borough of Colchester.
Lainston, Colchester has 51 entries in the Land Registry , most recently in March 2020 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 Lainston, Colchester, we estimate a market value of £707,748 and a rental value of £1,975 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £626,863 and £1,749 per month respectively.
Over the last year, Lainston, Colchester has seen its estimated sale value drop by £9,017 (1.3%) and its estimated rental value rise by £40 per month (2.1%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for Lainston, Colchester as measuring 1,145 m2.
That makes it the 10th largest plot in the postcode, where 30 of the 34 other houses have recorded plot data.
Lainston, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Lainston, Colchester completed on 3rd March 2020 at £680,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 9.0% over the period since March 2020.
Over the past 2 years 3 properties similar to Lainston, Colchester have sold within a radius of 2.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2024, was Hillcroft, Mersea Road, Colchester, CO5 7LE, a freehold house which sold for £585,000.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 68 addresses on Layer Road, Abberton, Colchester, CO5, Lainston, Colchester comes out as the 9th largest and the 11th most expensive in our analysis of the public data.
It is also £255k more expensive than the average property across the CO5 district.
From Lainston, Colchester, the nearest station is Wivenhoe, 4.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Lainston, Colchester, 49.0% of property is privately owned outright and 29.0% 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 Lainston, Colchester, 12.9% of residents are recorded as possessing school level qualifications and 35.1% 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 Lainston, Colchester, the average age was 45.6 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 Lainston, Colchester, 1.3% 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 Lainston, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
