Park Drive - CO5 0GW
Key Street Insights
Park Drive is a residential street with 17 addresses.
It ranks as the 318th largest and 532nd most expensive of the 589 streets in the CO5 area. The most common property type is a modern house built after 1980.
The street contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £688,219
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,183pcm
- 10 Year change
- up 56.6%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Street Insights
Park Drive is a residential street with 17 addresses.
It ranks as the 318th largest and 532nd most expensive of the 589 streets in the CO5 area. The most common property type is a modern house built after 1980.
The street contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £688,219
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £2,183pcm
- 10 Year change
- up 56.6%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertieson Park Drive, Tiptree, Colchester, CO5
- 1 Park Drive
House
- 2 Park Drive
House
- 3 Park Drive
5 Bed Modern House
- 4 Park Drive
House
- 5 Park Drive
5 Bed Modern House
Sales Market Trends
The last sale on Park Drive sold for £685,000 on 21st March 2025. Since then prices are down an average of 1.0%.
The current average value in the street is £688,219.
The Park Drive Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £688,219 |
| June 2025 | 0.4% | £698,481 |
| June 2024 | -5.3% | £695,510 |
| June 2023 | 2.6% | £734,275 |
| June 2022 | 9.5% | £715,322 |
| June 2021 | 9% | £653,121 |
| June 2020 | 2.4% | £599,359 |
| June 2019 | 3.1% | £585,047 |
| June 2018 | -0.5% | £567,490 |
| June 2017 | 6.7% | £570,174 |
| June 2016 | 5.7% | £534,448 |
| June 2015 | 9.8% | £505,555 |
| June 2014 | 4.9% | £460,404 |
| June 2013 | 4% | £438,913 |
| June 2012 | 1.4% | £421,979 |
| June 2011 | 0.9% | £416,204 |
| June 2010 | 8.5% | £412,651 |
| June 2009 | -6.4% | £380,245 |
| June 2008 | -2% | £406,034 |
| June 2007 | 0% | £414,309 |
Rental Market Trends
The current average rental value in the street is £2,183.
The Park Drive Rental Market has increased by 56.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,183pcm |
| June 2025 | 3.7% | £2,116pcm |
| June 2024 | 6.3% | £2,041pcm |
| June 2023 | 7.7% | £1,919pcm |
| June 2022 | 8.7% | £1,781pcm |
| June 2021 | 7.1% | £1,639pcm |
| June 2020 | 4.5% | £1,530pcm |
| June 2019 | 1.2% | £1,465pcm |
| June 2018 | 0.7% | £1,448pcm |
| June 2017 | 3.2% | £1,439pcm |
| June 2016 | 5.5% | £1,394pcm |
| June 2015 | 3.8% | £1,321pcm |
| June 2014 | 2.4% | £1,272pcm |
| June 2013 | 2.4% | £1,242pcm |
| June 2012 | 1.6% | £1,213pcm |
| June 2011 | 3.5% | £1,194pcm |
| June 2010 | 10.6% | £1,153pcm |
| June 2009 | -6.5% | £1,042pcm |
| June 2008 | 4.9% | £1,114pcm |
| June 2007 | 0% | £1,062pcm |
Sales History
The last sale was on 21st March 2025 for £685,000 and since then the market in the area has decreased by 1.0%. The street has had a total of 12 sales since 1995.
Park Drive, Tiptree, Colchester, CO5 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£685,000 | 5 Bed House15, Park Drive, Colchester, CO5 0GW15, Park Drive, Colchester, CO5 0GW
- Sold Dec 2021£587,000 | 5 Bed House3, Park Drive, Colchester, CO5 0GW3, Park Drive, Colchester, CO5 0GW
- Sold Jun 2018£530,000 | 5 Bed House12, Park Drive, Colchester, CO5 0GW12, Park Drive, Colchester, CO5 0GW
- Sold Aug 2016£500,000 | 5 Bed House3, Park Drive, Colchester, CO5 0GW3, Park Drive, Colchester, CO5 0GW
- Sold Jun 2016£605,000 | 5 Bed House9, Park Drive, Colchester, CO5 0GW9, Park Drive, Colchester, CO5 0GW
Top 3 Most Expensive Sales
- Sold Mar 2025£685,000 | 5 Bed House15, Park Drive, Colchester, CO5 0GW15, Park Drive, Colchester, CO5 0GW
- Sold Dec 2015£620,000 | 5 Bed House10, Park Drive, Colchester, CO5 0GW10, Park Drive, Colchester, CO5 0GW
- Sold Jun 2016£605,000 | 5 Bed House9, Park Drive, Colchester, CO5 0GW9, Park Drive, Colchester, CO5 0GW
Nearby Streets
Park Drive, Tiptree, Colchester, CO5 is the 318th largest and the 532nd most expensive street in the CO5 area.
- Newbridge Road, Tiptree, Colchester, CO591 Addresses|152 m away
- Silverthorn Close, Tiptree, Colchester, CO55 Addresses|180 m away
- Birchwood Way, Tiptree, Colchester, CO58 Addresses|252 m away
- Churchill Road, Tiptree, Colchester, CO512 Addresses|257 m away
- Birchwood Close, Tiptree, Colchester, CO522 Addresses|325 m away
- Blenheim Way, Tiptree, Colchester, CO511 Addresses|333 m away
Property Types
- 9 modern houses built after 1980
- 8 other addresses of unknown type
- modern house (9)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (8)
- G (0)
- D (0)
- No EPC (8)
Schools Nearby
- St Luke's Church of England Controlled Primary School1.2 km away
- Milldene Primary School1.2 km away
- Tiptree Heath Primary School2.0 km away
- Thurstable School1.5 km away
- Lift New Rickstones9.0 km away
- Honywood School9.1 km away
More reading links
Public Transport Nearby
The closest station to Park Drive, Tiptree, Colchester, CO5 - CO5 0GW is Kelvedon station, which is 5.5 kilometres away.
- Kelvedon|5.5 km away
- Marks Tey|7.8 km away
- Witham|8.8 km away
