Beresfords says ..
** NO ONWARD CHAIN ** A well-presented ground floor retirement apartment with direct garden access, set in a popular Colchester development for over 60s. Features include a 24-hour emergency call system, visiting Development Manager, communal facilities, and easy access to local shops, transport,...
Property Oracle says ..
The property is a 1-bedroom apartment located in Maldon Court, Colchester, Essex. It is listed at £120,000 and has 437 sqft of living space. The average price for properties in the area is significantly higher at £332,632, with an average price per sqft of £378. The apartment appears to be in reasonable condition, though some updating may be desirable. The images show a relatively clean and well-maintained interior, although the decor is dated. The property benefits from a communal garden area, which is a positive feature. The location is good, with several schools within a reasonable distance. Colchester Town train station is also relatively close by, offering convenient access to transport links. However, the limited plot size is a notable factor. Considering the average price per sqft in the area is £378, and this property is listed at a price significantly below the average, it offers potential value for money, especially for a first-time buyer or investor looking for a property that requires minimal renovation. However, the smaller size of the apartment and limited plot size should be considered.
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
- 7
- Location
- 8
- Land
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 437.00
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
- 425,000.00 £Increased by 45.32 %
- Est sale value
- 185,725.00 £Increased by 30.37 %
- Average area rental value
- 1,348.00 £/moIncreased by 7.67 %
- Est letting value
- 437.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.81 %Decreased by 25.88 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Beresfords created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Colchester High School | Other Independent School | 0.20 KM | |
| Oxford House School | Other Independent School | 0.49 KM | |
| Colchester Royal Grammar School | Academy Converter | Serious Weaknesses | 0.55 KM |
| The Sixth Form College Colchester | Further Education | Good | 0.65 KM |
| Hamilton Primary School | Community School | Outstanding | 0.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Maldon Court | £ 0 | 0 | 0.00 KM |
| Manor Road | £ 210,000 | 0 | 0.00 KM |
| Manor Gardens | £ 0 | 0 | 0.00 KM |
| Essex Street | £ 0 | 0 | 0.00 KM |
| Topfield | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colchester Town | 6853 | CET | 1.42 KM |
| Colchester | 6861 | COL | 1.66 KM |
| Hythe (Essex) | 6851 | HYH | 3.94 KM |
| Wivenhoe | 6860 | WIV | 7.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Maldon Road, Colchester, CO3 | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Maldon Court, Maldon Road | £ 120,000 | BUY | 7 / 10 | 0.03 KM |
| Maldon Road, Colchester, CO3 | £ 120,000 | BUY | 7 / 10 | 0.03 KM |
| Maldon Road, Colchester, Essex, CO3 | £ 100,000 | BUY | 6 / 10 | 0.03 KM |
| Maldon Road, Colchester | £ 100,000 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 Maldon Road | £ 130,000 | 0.03 KM |
| 23 Maldon Road | £ 170,000 | 0.03 KM |
| 49 Maldon Road | £ 105,000 | 0.03 KM |
| 71 Maldon Road | £ 208,000 | 0.03 KM |
| 35 Maldon Road | £ 110,000 | 0.03 KM |