How much is your care home worth?

C’Estimate · England · Essex

Alderwood Care Home

Nursing Colchester, Essex
Your C’Estimate
£4.6m

Indicative figure · Public registers and recorded sales · Not a valuation

Built from the price per bed of comparable freehold sales nearby, applied to this home’s registered beds. Range not published for this home — see Questions.

this home · other care homes in it · its catchment

The catchment

Every neighbourhood within 10 miles of the home, weighted by distance — a neighbourhood's weight halves every 2.25 miles. Half of the people it counts live within 2 miles of this home, four in five within 3.9.

People in the catchment
169,075
Aged 65 and over
27,688 · 16%, 7% below the national average
Aged 85 and over
3,798 · 2% below the national average
Likely to self-fund care
41% · 10% above the national average
Median house price
£325,629
Other care homes in the catchment
58 · 1,347 beds
Beds per 100 people aged 65+
4.9 · 4% above the national average
Nearest other care home
440 m

The local market

Indicative figures of the 58 other care homes in the catchment, as shown on their own pages.

Lower quartile
£0.5m
Median
£0.8m
Upper quartile
£1.0m

This home sits above the local median.

Who owns it

Freehold
Operator owns the freehold
Registered proprietor
CAREBASE (COLCHESTER) LIMITED
Held up to
Amyn Hotels Limited (11 vehicles)
Operator
Independent
Registered provider
CAREBASE (COLCHESTER) LIMITED

The company running the home also holds the title.

The property record

Address
39 Essex Hall Road, Colchester, Essex, CO1 1ZP
Registered beds
65
Registered for
Adults over 65 · Adults under 65 · Dementia
Service quality
Outstanding · 19 May 2018
Previously
Good · 21 Sept 2016 · improved
Last recorded sale
Sale date
16 Jul 2012
Tenure
Freehold
Title
EX665570

The local care workforce

The care workforce of the area this home hires from — not this home’s own staff.

Vacancy rate
7.4% · 64% above the national rate
Turnover
27.8% · 7% below the national rate
Care worker pay
£13.48/hr · in line with the national rate
Drawn from beyond Essex
1.5%

A tight local labour market is the cost line a buyer will price first.

The comparable sales

Recorded sales used
12
Match
Same type, within 40% on beds, inside 50 miles
Nearest · farthest
25.2 km · 64.2 km
Sold between
11 Jan 2019 and 13 May 2025

Portfolio deals, leasehold premiums and transfers below £5,000 a bed are excluded — they are not evidence of what a home is worth.

Population and ages from the 2021 Census by neighbourhood, weighted by drive time on a decay fitted to real road isochrones; self-funding propensity raked to ONS local-authority estimates. A reading of the market — not a forecast of this home's occupancy.

Nearby: Myland House · Mercers · Tall Trees · Freda Gunton Lodge Residential Home · Woodland View

Every care home in England and Wales carries a figure like this one. Explore the map.

Built from public registers and recorded property sales. Not a valuation, not an offer, not advice.

Questions

What is a C’Estimate?

A C’Estimate is an indicative market value for a care home. It is produced by a proprietary model built on the relevant public record: recorded property sales, the regulators’ registers, and land-registry ownership. It is not a valuation and does not replace one: a care home is trade-related property, and its worth depends on occupancy, fee rates and payer mix, which the public record does not hold.

How is it calculated?

The model is proprietary. Every figure is built from the public record, under open licences — nothing is bought from anyone. It is drawn from care home sales actually recorded and applied to the characteristics of each home — its type, its size and where it is. Each home is matched to its own title, so the figure is for the building, never for the company that runs it.

Why is a range not always shown?

A range is shown only when it rests on the observed spread of comparable sales and that spread is tight enough to inform. Where the sales for a home’s profile spread too widely, only the figure is published — a wide interval would say nothing, and an artificially narrow one would suggest a precision the data does not support.

My home is part of a group. Which figure is this?

This building’s. Every figure on C’Estimate is for the individual home, not the operating company, so each home in a group has its own page and its own figure.

Is my occupancy or fee information shown?

No. C’Estimate publishes no trading figures, on the page or on request. Only the estimated value is shown.

Can I correct or refine it?

Yes, by confirming that you own the home or are authorised to act for its owner. What you send is never displayed on C’Estimate — it is used to update your C’Estimate and may be integrated into the professional information services of Corryk, the publisher, which are available to its professional clients.

Does a page mean the home is for sale?

No. Every care home in England and Wales has a page, regardless of its owner’s intentions. A page implies no plan to sell.

What is visible publicly?

The estimated value and information that is already public: the address, the type of home and what it is registered for, who holds the freehold according to the land register, and its catchment. Anything you send when confirming your home is never displayed.

Can I dispute a figure or ask for a page to be removed?

Yes. Every request for correction or removal sent to reception@corryk.com is reviewed and acted on.