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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Riverside Place, Colchester is £429,387 and the estimated rental value is £1,801 per month.
Riverside Place, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
3, Riverside Place, Colchester has a single entry in the Land Registry from June 2009 and a single entry in the EPC database dated November 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Riverside Place, Colchester is in very good condition we estimate a sale value of £450,856 and a rental value of £1,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,330 and a rental value of £1,675 per month.
Over the past 12 months, the estimated sale value of 3, Riverside Place, Colchester has fallen by £3,876 (0.9%), while its estimated rental value has moved up by £35 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 5.0%.
According to data from HM Land Registry, 3, Riverside Place, Colchester sits on a plot of 303 m2.
We have plot size data on 24 out of 24 other houses in the postcode and 3, Riverside Place, Colchester sits on the 8th largest plot.
3, Riverside Place, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 3, Riverside Place, Colchester was last sold on 5th June 2009 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2009, the market for similar properties has risen by 51.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Riverside Place, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 2, Riverside Place, Colchester, CO1 2ZG, a freehold house which sold for £500,000 on the 19th January 2024.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Place, Colchester, CO1 has a total of 24 addresses. According to our analysis of all the public data, 3, Riverside Place, Colchester is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £195k more expensive than the average property in CO1.
The closest station to 3, Riverside Place, Colchester is Colchester Town station, which is 1.0 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Riverside Place, Colchester, 42.2% of property is privately owned with a mortgage and 35.2% is privately owned outright.
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, Riverside Place, Colchester, 24.5% of residents are recorded as possessing school level qualifications and 42.6% 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, Riverside Place, Colchester, the average age was 40 and the most common age was 27.
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, Riverside 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, Riverside Place, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.