According to the public record, 8, Radvald Chase, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 832 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Radvald Chase, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
8, Radvald Chase, Colchester has a single entry in the Land Registry database from December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Radvald Chase Colchester as £329,159 and the rental value as £1,449 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Radvald Chase Colchester has decreased by £1,363 (0.4%) and its rental value has increased by £67 per month (4.6%).
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 8, Radvald Chase, Colchester is in very good condition we estimate a sale value of £345,617 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,118 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £329,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,618 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 HM Land Registry, 8, Radvald Chase, Colchester was last sold on 18 Dec 2006 for £182,950 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 8, Radvald Chase, Colchester within a radius of 630 metres over the last 2 years.
The most recent example is 26, Radvald Chase, Colchester, CO3 0RF, a Freehold house which sold for £340,000 in May 2024.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Radvald Chase, Stanway, Colchester, CO3 has a total of 59 addresses. According to our analysis of all the public data, 8, Radvald Chase, Colchester is the 36th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in CO3.
The closest station to 8, Radvald Chase, Colchester is Colchester station which is 3.9 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 8, Radvald Chase, Colchester, 32.7% of property is privately rented and 28.6% 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 8, Radvald Chase, Colchester, 29.9% of residents are recorded as possessing school level qualifications and 32.5% 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 8, Radvald Chase, Colchester, the average age was 41.8 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 8, Radvald Chase, 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 8, Radvald Chase, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.