1, Ringlet Lane
1, Ringlet Lane
Description & Estimates
1, Ringlet Lane, Colchester is recorded publicly as a modern freehold house across 688 ft2 of internal area, sitting on a 307 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Ringlet Lane, Colchester is £316,928 and its rental estimate is £1,711 per month, given the available information and assuming reasonable condition.
Ringlet Lane, Stanway, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
1, Ringlet Lane, Colchester has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Ringlet Lane, Colchester, we estimate a market value of £332,774 and a rental value of £1,797 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £294,743 and £1,591 per month respectively.
Recent Market Change
Over the last year, 1, Ringlet Lane, Colchester has seen its estimated sale value move down by £2,835 (0.9%) and its estimated rental value increase by £37 per month (2.2%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 1, Ringlet Lane, Colchester as measuring 307 m2.
That makes it the 2nd largest plot in the postcode, where 13 of the 14 other houses have recorded plot data.
Energy Efficiency
1, Ringlet Lane, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Ringlet Lane, Colchester completed on 1st December 2017 at £244,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.8% over the period since December 2017.
- Sold Dec 2017£244,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Ringlet Lane, Colchester have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th March 2024, was 8, Ringlet Lane, Colchester, CO3 0AJ, a freehold house which sold for £275,000.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on Ringlet Lane, Stanway, Colchester, CO3, 1, Ringlet Lane, Colchester comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the CO3 district.
More reading links
Schools Nearby
- 1.0kmStanway Primary School
- 1.2kmLexden Primary School with Unit for Hearing Impaired Pupils
- 1.5kmLakelands Primary School
- 1.2kmThe Stanway School
- 2.8kmSt Benedict's Catholic College
- 2.8kmColchester County High School for Girls
More reading links
Public Transport Nearby
From 1, Ringlet Lane, Colchester, the nearest station is Marks Tey, 3.9 kilometres away.
- 3.9kmMarks Tey
- 4.0kmColchester
- 4.7kmColchester Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
