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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3, Charles Place, Colchester is recorded publicly as a period freehold house across 312 ft2 of internal area, sitting on a 48.5 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Charles Place, Colchester is £129,670 and its rental estimate is £755 per month, given the available information and assuming reasonable condition.
Charles Place, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
3, Charles Place, Colchester has 21 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 3, Charles Place, Colchester, we estimate a market value of £136,153 and a rental value of £792 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £120,593 and £702 per month respectively.
Over the last year, 3, Charles Place, Colchester has seen its estimated sale value decrease by £1,070 (0.8%) and its estimated rental value grow by £15 per month (2.0%). This results in an estimated gross rental yield of 7.0%.
HM Land Registry records the plot of land for 3, Charles Place, Colchester as measuring 48 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
3, Charles Place, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Apr 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Charles Place, Colchester completed on 20th February 2015 at £101,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 58.1% over the period since February 2015.
Over the past 2 years 3 properties have sold within 470 metres of 3, Charles Place, Colchester, per the Land Registry and our network of Estate Agents.
The latest, on the 1st June 2020, was 114, Hythe Hill, Colchester, CO1 2NP, a freehold house which sold for £195,000.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Charles Place, Colchester, CO1, 3, Charles Place, Colchester comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £104k less expensive than the average property across the CO1 district.
From 3, Charles Place, Colchester, the nearest station is Hythe (Essex), 200 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Charles Place, Colchester, 36.7% of property is privately rented and 26.6% is socially rented.
The graph below shows how this compares to East of England 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 3, Charles Place, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Charles Place, Colchester, the average age was 33.3 and the most common age was 22.
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 3, Charles Place, Colchester, 0.0% 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 3, Charles Place, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
