Aerofoil Grove, Colchester, Essex, CO4
Harris + Wood logo

Aerofoil Grove, Colchester, Essex, CO4

By Harris + Wood

£ 180,000

Reviews

3 out of 5 stars

Harris + Wood says ..

Exceptional opportunity to acquire this well maintained ground floor apartment in the sought-after area of Colchester.

Property Oracle says ..

The property is a two bedroom, two bathroom apartment located in Aerofoil Grove, Colchester, Essex. The apartment is situated within a modern development and benefits from being close to local amenities and transport links. Colchester town centre is also within reasonable distance. Based on the images provided, the apartment appears to be in good condition. The décor is modern and the fixtures and fittings look well maintained. There is no visible evidence of significant damage or wear and tear. The property does not appear to have any private outdoor space, such as a garden. Considering the average price per square foot in the area is £457, and this property is listed at £180,000 with 1173.27 sqft, the price per sqft is approximately £153. This is significantly lower than the average for the area. However, the lack of land and the fact it is an apartment, rather than a house, should be considered when evaluating the price. Several nearby properties are listed at similar prices, suggesting the listing price may be reasonable in the context of the local market for apartments. Further analysis of comparable properties would be beneficial to confirm this.

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
9
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
1,173.27

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
478,379.00 £
Increased by 16.22 %
from 411,629.00 £
Est sale value
725,080.86 £
Increased by 35.23 %
from 536,184.39 £
Average area rental value
2,016.00 £/mo
Increased by 5.00 %
from 1,920.00 £/mo
Est letting value
2,346.54 £/mo
Unchanged by 0.00 %
from 2,346.54 £/mo
Est rental Yield
5.06 %
Decreased by 9.64 %
from 5.60 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Harris + Wood created the listing.

Nearby Schools

NameTypeOfstedDistance
Braiswick Primary SchoolAcademy Sponsor LedGood0.98 KM
St Helena SchoolAcademy ConverterGood1.05 KM
Colchester InstituteFurther EducationRequires improvement1.23 KM
North Primary School And NurseryCommunity SchoolGood1.42 KM
Myland Community Primary SchoolCommunity SchoolGood1.43 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Warwick Bailey Close £ 000.00 KM
Radial Court £ 190,00000.00 KM
Longacre £ 300,00000.00 KM
Claremont Heights £ 000.00 KM
Pascali Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL0.95 KM
Colchester Town6853CET2.95 KM
Hythe (Essex)6851HYH5.16 KM
Wivenhoe6860WIV9.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Aerofoil Grove, Colchester, Essex, CO4 £ 190,000BUY6 / 100.00 KM
Aerofoil Grove, Colchester, Essex, CO4 £ 180,000BUY6 / 100.00 KM
Tufnell Way, Colchester, Essex, CO4 £ 180,000BUY6 / 100.02 KM
Tufnell Way, Colchester, CO4 £ 325,000BUY7 / 100.04 KM
Aerofoil Grove, Colchester £ 190,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
53 Tufnell Way £ 260,0000.02 KM
43 Tufnell Way £ 152,0000.02 KM
49 Tufnell Way £ 350,0000.02 KM
25 Tufnell Way £ 355,0000.02 KM
17 Tufnell Way £ 259,9950.02 KM