According to the public record, The Gatehouse, Osborne Manor, Park Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,857 ft2 of internal area and sits on a 5,404 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Park Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
The Gatehouse, Osborne Manor, Park Road, Colchester has a single entry in the Land Registry database from September 2020 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 The Gatehouse Osborne Manor Park Road Colchester as £973,858 and the rental value as £3,124 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of The Gatehouse Osborne Manor Park Road Colchester has decreased by £17,340 (1.8%) and its rental value has increased by £123 per month (3.9%).
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 The Gatehouse, Osborne Manor, Park Road, Colchester is in very good condition we estimate a sale value of £1,022,551 and rental value of £3,280 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £905,688 and a rental value of £2,905 per month.
If you were able to purchase this property for the estimated value of £973,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,786 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, The Gatehouse, Osborne Manor, Park Road, Colchester sits on a plot of 5404m2.
According to HM Land Registry, The Gatehouse, Osborne Manor, Park Road, Colchester was last sold on 22 Sep 2020 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Gatehouse, Osborne Manor, Park Road, Colchester within a radius of 437m over the last 2 years.
The most recent example is 32, Victoria Road, Colchester, CO3 3NU, a Freehold house which sold for £725,000 in Sep 2022.
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, The Gatehouse, Osborne Manor, Park Road, Colchester is the 13th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £600k more expensive than the average property in CO3.
The closest station to The Gatehouse, Osborne Manor, Park Road, Colchester is Colchester Town station which is 1.9 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 The Gatehouse, Osborne Manor, Park Road, Colchester, 44.5% of property is privately owned outright and 33.6% 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 The Gatehouse, Osborne Manor, Park Road, Colchester, 19.4% of residents are recorded as possessing school level qualifications and 49.0% 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 The Gatehouse, Osborne Manor, Park 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 The Gatehouse, Osborne Manor, Park Road, Colchester, 1.1% 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 The Gatehouse, Osborne Manor, Park Road, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.