River House, Colchester has a single entry in the Land Registry database from June 2023 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.
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 River House, Colchester is in very good condition we estimate a sale value of £858,216 and rental value of £2,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £760,134 and a rental value of £2,229 per month.
If you were able to purchase this property for the estimated value of £817,349, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,017 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, River House, Colchester was last sold on 28 Jun 2023 for £1,800,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to River House, Colchester within a radius of 539m over the last 2 years.
The most recent example is 23, Coggeshall Road, Colchester, CO6 2JP, a Freehold house which sold for £1,120,000 in Sep 2023.
Read more about house prices in CO6.
Lower Holt Street, Earls Colne, Colchester, CO6 has a total of 22 addresses. According to our analysis of all the public data, River House, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £380k more expensive than the average property in CO6.
According to the public record, River House, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Lower Holt Street, Earls Colne, Colchester, CO6 is located in the borough of Braintree within the CO6 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for River House Colchester as £817,349 and the rental value as £2,397 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of River House Colchester has decreased by £21,040 (2.6%) and its rental value has increased by £71 per month (3.0%).
The closest station to River House, Colchester is Chappel & Wakes Colne station which is 3.2 km 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 River House, Colchester, 53.6% of property is privately owned outright and 29.0% 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 River House, Colchester, 13.4% of residents are recorded as possessing school level qualifications and 27.2% 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 River House, Colchester, the average age was 43.9 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 River House, Colchester, 0.7% 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 River House, 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.