CO3 3UL is a residential postcode located on Park Road, Colchester, CO3. It is the 662nd largest postcode in the CO3 area.
It contains 27 residential addresses consisting of 25 houses and 2 flats and the most common type of property is a modern house built after 1980.
The average house value is £775,342. Sales values have decreased in the last 12 months by 1.8% and Rental values have increased by 3.9%.
Property sale values range from £331,062 for a leasehold flat, with 3 bedrooms split across 1,615 square feet of gross internal area and has no outside space to £1,037,953 for a freehold house, with 5 bedrooms split across 2,971 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO3 3UL is £426/ft2.
Properties achieve a rental yield of between 3.7% and 4.9%, and rental values range from £1,344 to £3,329 per month.
The last sale was 14 Sep 2023 for £780,000 and since then the market in the area as increased by -1.3%. The postcode has had a total of 4 sales since 1995.
CO3 3UL has seen 4 sales in the last three years and no sales in the last twelve months.
CO3 3UL is the 662nd largest and the 812th most expensive postcode out of the 837 postcodes in the CO3 area.
CO3 3UL is a residential postcode located on Park Road, Colchester, CO3 with 25 houses and 2 flats within its bounds.
The most common property type in CO3 3UL is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to CO3 3UL is Colchester Town station which is 1.8 km 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 3UL, 44.5% of property is privately owned outright and 33.6% is privately owned with a mortgage.
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 3UL, 19.4% of residents are recorded as possessing school level qualifications and 49.0% 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 3UL, the average age was 43.4 and the most common age was 52.
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 3UL, 1.1% 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 3UL, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.