Leasehold homes in Colchester
How many homes in Colchester are sold as leasehold, including leasehold houses. Free
All sales leasehold
16%
42,950 sales since 2016
Houses sold leasehold
1%
excluding flats
New-build houses leasehold
0%
5,450 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Meadow Close | 56 | 63% |
| Emperor Road | 22 | 100% |
| Cannock Mill Rise | 19 | 100% |
| Fullers Close | 19 | 58% |
| Ardleigh Court | 9 | 89% |
| Tapestry Court | 8 | 100% |
| Springfields | 9 | 67% |
| Orchard Gardens | 5 | 100% |
| Suffolk Close | 7 | 57% |
What to check before buying a leasehold home
- Lease length. Under 80 years gets expensive to extend and harder to mortgage. Use the lease extension calculator.
- Ground rent and how it rises. Doubling ground rents can make a home unmortgageable.
- Service charges and the sinking fund, plus any planned major works.
- Buying the freehold. Leasehold reforms are making it cheaper for many house owners to buy their freehold.
A conveyancing solicitor will check all of this for you.