According to the public record, 3, King George Road, Colchester is a mid-century freehold house with 676 ft2 of internal area and sits on a 166 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
King George Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
3, King George Road, Colchester has 31 entries in the Land Registry database, most recently in June 2010 and a single entry in the EPC database dated May 2009.
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 King George Road Colchester as £256,838 and the rental value as £1,187 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 King George Road Colchester has decreased by £3,034 (1.2%) and its rental value has increased by £91 per month (7.6%).
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, King George Road, Colchester is in very good condition we estimate a sale value of £269,679 and rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,859 and a rental value of £1,104 per month.
If you were able to purchase this property for the estimated value of £256,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,262 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, King George Road, Colchester sits on a plot of 166m2.
We have plot size data on 15 out of 22 other houses in the postcode and 3, King George Road, Colchester sits on the 12th largest plot.
According to HM Land Registry, 3, King George Road, Colchester was last sold on 18 Jun 2010 for £125,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2010, the market for similar properties has risen 68.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, King George Road, Colchester within a radius of 580 metres over the last 2 years.
The most recent example is 13, John Castle Way, Colchester, CO2 7TU, a Freehold house which sold for £280,000 in Apr 2024.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King George Road, Colchester, CO2 has a total of 86 addresses. According to our analysis of all the public data, 3, King George Road, Colchester is the 55th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in CO2.
3, King George Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 May 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, King George Road, Colchester is Colchester Town station which is 1.0 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, King George Road, Colchester, 46.0% of property is privately owned with a mortgage and 30.2% is privately owned outright.
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, King George Road, Colchester, 17.3% of residents are recorded as possessing school level qualifications and 27.9% 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, King George Road, Colchester, the average age was 37.2 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 3, King George Road, Colchester, 0.0% 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, King George 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.