Oak House, Colchester
Oak House, Colchester
Description & Estimates
Oak House, Colchester is recorded publicly as a modern freehold house across 1,248 ft2 of internal area, sitting on a 465 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Oak House, Colchester is £478,290 and its rental estimate is £1,643 per month, given the available information and assuming reasonable condition.
Carters Hill, Boxted, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
Oak House, Colchester has a single entry in the Land Registry from September 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 1 out of 5 and is considered of low 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 Oak House, Colchester, we estimate a market value of £502,204 and a rental value of £1,726 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,809 and £1,528 per month respectively.
Recent Market Change
Over the last year, Oak House, Colchester has seen its estimated sale value move down by £4,838 (1.0%) and its estimated rental value increase by £38 per month (2.3%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Oak House, Colchester as measuring 465 m2.
That makes it the 2nd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
Oak House, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
Sold Prices
The most recent sale of Oak House, Colchester completed on 20th September 2019 at £415,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.7% over the period since September 2019.
- Sold Sep 2019£415,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Oak House, Colchester have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th May 2020, was 12, Hill Farm Way, Colchester, CO4 5RD, a freehold house which sold for £386,500.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on Carters Hill, Boxted, Colchester, CO4, Oak House, Colchester comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £166k more expensive than the average property across the CO4 district.
More reading links
Schools Nearby
- 0mBoxted St Peter's Church of England School
- 2.3kmLangham Primary Academy
- 3.9kmNayland Primary School
- 4.4kmThe Trinity School
- 4.4kmThe Gilberd School
- 6.9kmColchester Academy
More reading links
Public Transport Nearby
From Oak House, Colchester, the nearest station is Colchester, 6.3 kilometres away.
- 6.3kmColchester
- 7.7kmColchester Town
- 7.8kmHythe (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
