According to the public record, 77, Parr Drive, Colchester is a mid-century freehold house with 947 ft2 of internal area and sits on a 366 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parr Drive, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
77, Parr Drive, Colchester has a single entry in the Land Registry database from July 2024 and a single entry in the EPC database dated January 2024.
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 77 Parr Drive Colchester as £352,067 and the rental value as £1,513 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 77 Parr Drive Colchester has decreased by £1,596 (0.5%) and its rental value has increased by £66 per month (4.4%).
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 77, Parr Drive, Colchester is in very good condition we estimate a sale value of £369,670 and rental value of £1,589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,422 and a rental value of £1,407 per month.
If you were able to purchase this property for the estimated value of £352,067, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,730 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, 77, Parr Drive, Colchester sits on a plot of 366m2.
We have plot size data on 15 out of 29 other houses in the postcode and 77, Parr Drive, Colchester sits on the 8th largest plot.
According to HM Land Registry, 77, Parr Drive, Colchester was last sold on 15 Jul 2024 for £157,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2024, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Parr Drive, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 99, Parr Drive, Colchester, CO3 9EP, a Freehold house which sold for £310,000 in Jan 2024.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parr Drive, Colchester, CO3 has a total of 72 addresses. According to our analysis of all the public data, 77, Parr Drive, Colchester is the 26th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in CO3.
77, Parr Drive, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 77, Parr Drive, Colchester is Colchester Town station which is 3.5 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 77, Parr Drive, Colchester, 54.9% of property is privately owned outright and 37.7% 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 77, Parr Drive, Colchester, 18.8% of residents are recorded as possessing school level qualifications and 29.2% 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 77, Parr Drive, Colchester, the average age was 45.6 and the most common age was 52.
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 77, Parr Drive, Colchester, 3.3% 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 77, Parr Drive, Colchester, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.