According to the public record, 6 Headteacher Terrace, Park Road, Colchester is a modern freehold house and with 1,625 ft2 of internal area and sits on a 512 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
6 Headteacher Terrace, Park Road, Colchester has 81 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated June 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 6 Headteacher Terrace Park Road Colchester as £728,601 and the rental value as £2,275 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 6 Headteacher Terrace Park Road Colchester has decreased by £12,468 (1.7%) and its rental value has increased by £91 per month (4.0%).
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 6 Headteacher Terrace, Park Road, Colchester is in very good condition we estimate a sale value of £765,031 and rental value of £2,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £677,599 and a rental value of £2,116 per month.
If you were able to purchase this property for the estimated value of £728,601, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,581 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, 6 Headteacher Terrace, Park Road, Colchester sits on a plot of 512m2.
We have plot size data on 17 out of 20 other houses in the postcode and 6 Headteacher Terrace, Park Road, Colchester sits on the 8th largest plot.
According to HM Land Registry, 6 Headteacher Terrace, Park Road, Colchester was last sold on 10 Feb 2017 for £625,000 and was recorded as a freehold house.
The property has had 8 sales since 1995.
Since Feb 2017, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Headteacher Terrace, Park Road, Colchester within a radius of 85m over the last 2 years.
The most recent example is 2 Headteacher Terrace, Park Road, Colchester, CO3 3UL, a Freehold house which sold for £780,000 in Sep 2023.
Read more about house prices in CO3.
Park Road, Colchester, CO3 has a total of 36 addresses. According to our analysis of all the public data, 6 Headteacher Terrace, Park Road, Colchester is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £355k more expensive than the average property in CO3.
6 Headteacher Terrace, Park Road, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jun 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 6 Headteacher Terrace, Park Road, Colchester is Colchester Town station which is 1.8 km away.