Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to personal circumstances and requirements. Your price may vary. OVER 60s could SAVE up to 49% from the market value with a one-off payment for a Lifetime Lease on this property. £136,500 GUIDE PRICE represents a typical 30% SAVING
Property Oracle says ..
This is a two-bedroom retirement property located in Meadow Close, Colchester. The property offers 583.40 sqft of living space. While the property is in reasonable condition, it could benefit from some modernisation. The location offers proximity to schools and transportation, but isn’t particularly close to major amenities. The asking price of £136,500 is significantly below the average for the area, potentially reflecting its condition and status as a retirement property. The property includes a garden, providing some outdoor space.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 6
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 583.40
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 350,323.00 £Decreased by 1.18 %
- Est sale value
- 251,445.40 £Increased by 20.73 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est letting value
- 583.40 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Elmstead Primary School | Foundation School | Good | 0.37 KM |
| Market Field School | Academy Special Converter | Good | 0.80 KM |
| Millfields Primary School | Foundation School | Outstanding | 3.21 KM |
| Alresford Primary School | Community School | Good | 3.79 KM |
| Broomgrove Infant School | Community School | Good | 3.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tye Green | £ 450,000 | 0 | 0.00 KM |
| Barley Lane | £ 425,000 | 0 | 0.00 KM |
| Lancatser Way | £ 0 | 0 | 0.00 KM |
| Glebe Close | £ 275,000 | 0 | 0.00 KM |
| Norfolk Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Alresford (Essex) | 6847 | ALR | 3.34 KM |
| Wivenhoe | 6860 | WIV | 4.58 KM |
| Hythe (Essex) | 6851 | HYH | 6.72 KM |
| Great Bentley | 6855 | GRB | 9.17 KM |
| Colchester Town | 6853 | CET | 9.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Meadow Close, Colchester | £ 200,000 | BUY | 6 / 10 | 0.00 KM |
| Meadow Close, Colchester | £ 136,500 | BUY | 6 / 10 | 0.00 KM |
| Meadow Close, Colchester | £ 200,000 | BUY | 6 / 10 | 0.02 KM |
| Meadow Close, Elmstead, Colchester, Essex, CO7 | £ 200,000 | BUY | 6 / 10 | 0.03 KM |
| The Potter at Meadows Close, Ardleigh, Colchester, Essex, CO7 | £ 300,000 | BUY | 7 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Meadow Close | £ 170,000 | 0.02 KM |
| 26 Meadow Close | £ 129,500 | 0.02 KM |
| 7 Meadow Close | £ 130,000 | 0.02 KM |
| 15 Meadow Close | £ 85,950 | 0.02 KM |
| 19 Meadow Close | £ 110,000 | 0.02 KM |