According to the public record, 8, Ratcliffe Road, Colchester is a period house with 807 ft2 of internal area and sits on a 365 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ratcliffe Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
8, Ratcliffe Road, Colchester has no records in the Land Registry database and a single entry in the EPC database dated February 2016.
We combine this information with public data 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 8 Ratcliffe Road Colchester as £245,199 and the rental value as £1,222 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Ratcliffe Road Colchester has increased by £196 (0.1%) and its rental value has increased by £60 per month (4.9%).
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, Ratcliffe Road, Colchester is in very good condition we estimate a sale value of £257,459 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,035 and a rental value of £1,137 per month.
If you were able to purchase this property for the estimated value of £245,199, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,205 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, 8, Ratcliffe Road, Colchester sits on a plot of 365m2.
We have plot size data on 26 out of 34 other houses in the postcode and 8, Ratcliffe Road, Colchester sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ratcliffe Road, Colchester within a radius of 580 metres over the last 2 years.
The most recent example is 130, Collingwood Road, Colchester, CO3 9BD, a Freehold house which sold for £305,000 in Jun 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ratcliffe Road, Colchester, CO3 has a total of 35 addresses. According to our analysis of all the public data, 8, Ratcliffe Road, Colchester is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in CO3.
8, Ratcliffe Road, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2016.
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 8, Ratcliffe Road, Colchester is Colchester station which is 3.4 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, Ratcliffe Road, Colchester, 39.5% of property is privately owned with a mortgage and 31.0% is socially rented.
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, Ratcliffe Road, Colchester, 27.2% of residents are recorded as possessing school level qualifications and 19.5% 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, Ratcliffe Road, Colchester, the average age was 43.4 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 8, Ratcliffe Road, Colchester, 1.6% 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, Ratcliffe Road, 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.