3, Richardson Walk
3, Richardson Walk
Description & Estimates
According to the public record, 3, Richardson Walk, Colchester is an early-century freehold house with 2,497 ft2 of internal area and sits on a 1,326 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Richardson Walk, Colchester is £1,033,363 and the estimated rental value is £3,831 per month.
Richardson Walk, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Our Data Sources
3, Richardson Walk, Colchester has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 3, Richardson Walk, Colchester is in very good condition we estimate a sale value of £1,085,031 and a rental value of £4,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £961,027 and a rental value of £3,563 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Richardson Walk, Colchester has declined by £6,178 (0.6%), while its estimated rental value has climbed by £87 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Plot Size
According to data from HM Land Registry, 3, Richardson Walk, Colchester sits on a plot of 1,326 m2.
We have plot size data on 8 out of 9 other houses in the postcode and 3, Richardson Walk, Colchester sits on the 2nd largest plot.
Energy Efficiency
3, Richardson Walk, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Richardson Walk, Colchester was last sold on 24th October 2022 for £1,100,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2022, the market for similar properties has dropped by 23.4%.
- Sold Oct 2022£1,100,000
- Sold Jun 2017£850,000
- Sold Apr 2004£425,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Richardson Walk, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 7A, Richardson Walk, Colchester, CO3 4AJ, a freehold house which sold for £920,000 on the 15th December 2023.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Richardson Walk, Colchester, CO3 has a total of 9 addresses. According to our analysis of all the public data, 3, Richardson Walk, Colchester is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £656k more expensive than the average property in CO3.
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Schools Nearby
- 400mSt Teresa's Catholic Primary School, Colchester
- 500mHome Farm Primary School
- 800mPrettygate Junior School
- 1.0kmPhilip Morant School and College
- 1.2kmSt Benedict's Catholic College
- 1.2kmColchester County High School for Girls
More reading links
Public Transport Nearby
The closest station to 3, Richardson Walk, Colchester is Colchester station, which is 3.2 kilometres away.
- 3.2kmColchester
- 3.2kmColchester Town
- 4.8kmHythe (Essex)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
