According to the public record, 3, Dragoon Road, Colchester is a modern freehold house with 775 ft2 of internal area and sits on a 138 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Dragoon Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
3, Dragoon Road, Colchester has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated December 2015.
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 3 Dragoon Road Colchester as £273,189 and the rental value as £1,240 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 3 Dragoon Road Colchester has decreased by £4,023 (1.5%) and its rental value has increased by £88 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 3, Dragoon Road, Colchester is in very good condition we estimate a sale value of £286,848 and rental value of £1,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,066 and a rental value of £1,153 per month.
If you were able to purchase this property for the estimated value of £273,189, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,343 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, Dragoon Road, Colchester sits on a plot of 138m2.
We have plot size data on 15 out of 16 other houses in the postcode and 3, Dragoon Road, Colchester sits on the 6th largest plot.
According to HM Land Registry, 3, Dragoon Road, Colchester was last sold on 23 Sep 2021 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Dragoon Road, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 1, Blacksmith Lane, Colchester, CO2 7NQ, a Freehold house which sold for £244,995 in May 2016.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dragoon Road, Colchester, CO2 has a total of 25 addresses. According to our analysis of all the public data, 3, Dragoon Road, Colchester is the 18th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in CO2.
3, Dragoon Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2015.
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 3, Dragoon Road, Colchester is Colchester Town station which is 1.1 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 3, Dragoon Road, Colchester, 61.7% of property is privately owned outright and 26.7% 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, Dragoon Road, Colchester, 13.1% of residents are recorded as possessing school level qualifications and 35.2% 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, Dragoon 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 3, Dragoon Road, Colchester, 2.0% 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 3, Dragoon 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.