According to the public record, 3 Colway Rise, Lyme Regis is a period house with 2,023 ft2 of internal area and sits on a 793 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colway Lane, Lyme Regis, DT7 is located within the DT7 postal district.
3 Colway Rise, Lyme Regis has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 3 Colway Rise Lyme Regis as £713,955 and the rental value as £1,600 per month giving an expected gross yield of 2.7%.
Over the last 12 months the sale value of 3 Colway Rise Lyme Regis has decreased by £20,475 (2.9%) and its rental value has decreased by £10 per month (0.6%).
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 3 Colway Rise, Lyme Regis is in very good condition we estimate a sale value of £749,653 and rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £663,978 and a rental value of £1,488 per month.
If you were able to purchase this property for the estimated value of £713,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,509 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, 3 Colway Rise, Lyme Regis sits on a plot of 793m2.
We have plot size data on 4 out of 5 other houses in the postcode and 3 Colway Rise, Lyme Regis sits on the 3rd largest plot.
According to HM Land Registry, 3 Colway Rise, Lyme Regis was last sold on 10 Sep 2003 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Colway Rise, Lyme Regis within a radius of 794m over the last 2 years.
The most recent example is Amberley, View Road, Lyme Regis, DT7 3AA, a Freehold house which sold for £840,000 in Jan 2024.
Read more about house prices in DT7.
Colway Lane, Lyme Regis, DT7 has a total of 52 addresses. According to our analysis of all the public data, 3 Colway Rise, Lyme Regis is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £297k more expensive than the average property in DT7.
3 Colway Rise, Lyme Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Colway Rise, Lyme Regis is Axminster station which is 7.0 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 3 Colway Rise, Lyme Regis, 46.7% of property is socially rented and 18.7% 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 3 Colway Rise, Lyme Regis, 17.5% of residents are recorded as possessing school level qualifications and 22.8% 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 3 Colway Rise, Lyme Regis, the average age was 53.1 and the most common age was 72.
The graph below shows how this compares to South West 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 3 Colway Rise, Lyme Regis, 0.0% of property was a second home.
Comparison figures for South West 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 3 Colway Rise, Lyme Regis, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.