According to the public record, 28, Richmond Road, Colchester is a modern freehold house with 624 ft2 of internal area and sits on a 92.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Richmond Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
28, Richmond Road, Colchester has 3 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated June 2014.
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 28 Richmond Road Colchester as £262,730 and the rental value as £1,107 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 28 Richmond Road Colchester has decreased by £2,309 (0.9%) and its rental value has increased by £79 per month (7.1%).
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 28, Richmond Road, Colchester is in very good condition we estimate a sale value of £275,866 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,339 and a rental value of £1,030 per month.
If you were able to purchase this property for the estimated value of £262,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,291 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, 28, Richmond Road, Colchester sits on a plot of 92m2.
We have plot size data on 15 out of 17 other houses in the postcode and 28, Richmond Road, Colchester sits on the 15th largest plot.
According to HM Land Registry, 28, Richmond Road, Colchester was last sold on 31 May 2024 for £260,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Richmond Road, Colchester within a radius of 710 metres over the last 2 years.
The most recent example is 85, Kensington Road, Colchester, CO2 7FF, a Freehold house which sold for £262,500 in Nov 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Colchester, CO2 has a total of 66 addresses. According to our analysis of all the public data, 28, Richmond Road, Colchester is the 52nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £418 more expensive than the average property in CO2.
28, Richmond Road, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jun 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 28, Richmond Road, Colchester is Colchester Town station which is 1.4 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 28, Richmond Road, Colchester, 52.2% of property is privately owned with a mortgage and 32.3% is privately rented.
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 28, Richmond Road, Colchester, 24.2% of residents are recorded as possessing school level qualifications and 46.8% 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 28, Richmond Road, Colchester, 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 28, Richmond 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 28, Richmond Road, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.