31, Parr Drive
31, Parr Drive
Description & Estimates
According to the public record, 31, Parr Drive, Colchester is a mid-century freehold house with 914 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Parr Drive, Colchester is £337,295 and the estimated rental value is £1,825 per month.
Parr Drive, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Our Data Sources
31, Parr Drive, Colchester has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 31, Parr Drive, Colchester is in very good condition we estimate a sale value of £354,160 and a rental value of £1,916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,684 and a rental value of £1,697 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 31, Parr Drive, Colchester has dropped by £3,017 (0.9%), while its estimated rental value has risen by £40 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Plot Size
According to data from HM Land Registry, 31, Parr Drive, Colchester sits on a plot of 407 m2.
We have plot size data on 24 out of 29 other houses in the postcode and 31, Parr Drive, Colchester sits on the 11th largest plot.
Energy Efficiency
31, Parr Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 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, 31, Parr Drive, Colchester was last sold on 7th October 2022 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped by 4.6%.
- Sold Oct 2022£350,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Parr Drive, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 77, Parr Drive, Colchester, CO3 9EP, a freehold house which sold for £157,500 on the 15th July 2024.
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
Parr Drive, Colchester, CO3 has a total of 72 addresses. According to our analysis of all the public data, 31, Parr Drive, Colchester is the 28th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in CO3.
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Schools Nearby
- 500mSt Teresa's Catholic Primary School, Colchester
- 700mStanway Fiveways Primary School
- 800mHome Farm Primary School
- 1.0kmThe Stanway School
- 1.3kmPaxman Academy
- 1.4kmPhilip Morant School and College
More reading links
Public Transport Nearby
The closest station to 31, Parr Drive, Colchester is Colchester Town station, which is 3.6 kilometres away.
- 3.6kmColchester Town
- 3.7kmColchester
- 4.7kmMarks Tey
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.
