CO3 3BG is a residential postcode located on Maldon Road, Colchester, CO3. It is the 166th largest postcode in the CO3 area.
It contains 5 houses and 1 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £530,133. Sales values have decreased in the last 12 months by 1.5% and Rental values have increased by 5.2%.
Property sale values range from £387,963 for a freehold house, with 3 bedrooms split across 936 square feet of gross internal area and has a garden to £784,420 for a freehold house, with 5 bedrooms split across 2,142 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO3 3BG is £471/ft2.
Properties achieve a rental yield of between 3.8% and 4.6%, and rental values range from £1,488 to £2,516 per month.
The last sale was 18 Jul 2022 for £850,000 and since then the market in the area has decreased by -3.9%. The postcode has had a total of 4 sales since 1995.
CO3 3BG has seen 2 sales in the last three years and no sales in the last twelve months.
CO3 3BG is the 166th largest and the 717th most expensive postcode out of the 837 postcodes in the CO3 area.
CO3 3BG is the 166th largest and the 717th most expensive postcode out of the 837 postcodes in the CO3 area.
CO3 3BG is a residential postcode located on Maldon Road, Colchester, CO3 with 5 houses and 1 unknown within its bounds.
The most common property type in CO3 3BG is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CO3 3BG is Colchester Town station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CO3 3BG, 45.5% of property is privately owned with a mortgage and 36.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CO3 3BG, 23.6% of residents are recorded as possessing school level qualifications and 45.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO3 3BG, the average age was 37.4 and the most common age was 47.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CO3 3BG, 0.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CO3 3BG, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.