According to the public record, 22, Rye Close, Colchester is a modern freehold house with 1,270 ft2 of internal area and sits on a 330 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rye Close, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
22, Rye Close, Colchester has 21 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 22 Rye Close Colchester as £471,550 and the rental value as £1,787 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 22 Rye Close Colchester has decreased by £5,193 (1.1%) and its rental value has increased by £69 per month (3.9%).
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 22, Rye Close, Colchester is in very good condition we estimate a sale value of £495,128 and rental value of £1,876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,542 and a rental value of £1,662 per month.
If you were able to purchase this property for the estimated value of £471,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,318 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, 22, Rye Close, Colchester sits on a plot of 330m2.
We have plot size data on 12 out of 21 other houses in the postcode and 22, Rye Close, Colchester sits on the 11th largest plot.
According to HM Land Registry, 22, Rye Close, Colchester was last sold on 23 Aug 2013 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 56.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Rye Close, Colchester within a radius of 620 metres over the last 2 years.
The most recent example is 43, Wheatfield Road, Colchester, CO3 0YA, a Freehold house which sold for £435,000 in Nov 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rye Close, Stanway, Colchester, CO3 has a total of 21 addresses. According to our analysis of all the public data, 22, Rye Close, Colchester is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in CO3.
22, Rye Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 22, Rye Close, Colchester is Colchester station which is 3.7 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 22, Rye Close, Colchester, 48.1% of property is privately owned outright and 44.3% 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 22, Rye Close, Colchester, 22.7% of residents are recorded as possessing school level qualifications and 28.7% 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 22, Rye Close, Colchester, the average age was 41.8 and the most common age was 32.
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 22, Rye Close, Colchester, 0.8% 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 22, Rye Close, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.