According to the public record, 13, Park Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,582 ft2 of internal area and sits on a 772 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Park Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
13, Park Road, Colchester has 21 entries in the Land Registry database, most recently in March 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Park Road Colchester as £559,605 and the rental value as £1,817 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 13 Park Road Colchester has decreased by £9,576 (1.7%) and its rental value has increased by £73 per month (4.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 13, Park Road, Colchester is in very good condition we estimate a sale value of £587,585 and rental value of £1,908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,433 and a rental value of £1,690 per month.
If you were able to purchase this property for the estimated value of £559,605, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,750 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 13, Park Road, Colchester sits on a plot of 772m2.
We have plot size data on 17 out of 20 other houses in the postcode and 13, Park Road, Colchester sits on the 4th largest plot.
According to HM Land Registry, 13, Park Road, Colchester was last sold on 31 Mar 2006 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Park Road, Colchester within a radius of 333m over the last 2 years.
The most recent example is 14, Roddam Close, Colchester, CO3 3UN, a Freehold house which sold for £535,000 in May 2023.
Read more about house prices in CO3.
Park Road, Colchester, CO3 has a total of 36 addresses. According to our analysis of all the public data, 13, Park Road, Colchester is the 24th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in CO3.
The closest station to 13, Park Road, Colchester 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 13, Park Road, Colchester, 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 13, Park Road, Colchester, 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 13, Park Road, Colchester, 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 13, Park Road, Colchester, 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 13, Park Road, Colchester, 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.