43, Richmond Road
43, Richmond Road
Description & Estimates
The public record lists 43, Richmond Road, Colchester as a freehold house sitting on a 237 m2 plot.
Comparison with its neighbours suggests a modern house with 1,240 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
43, Richmond Road, Colchester has an estimated sale value of £411,016 and an estimated rental value of £1,868 per month, assuming reasonable condition and based on the information available.
Richmond Road, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
43, Richmond Road, Colchester has a single entry in the Land Registry from March 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 43, Richmond Road, Colchester would be worth £431,567, with a potential rental value of £1,962 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £382,245, with a rental value of £1,738 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 43, Richmond Road, Colchester has declined by £5,608 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £43 (2.3%). The property's estimated gross yield is currently 5.5%.
Plot Size
43, Richmond Road, Colchester occupies a 237 m2 plot as recorded by HM Land Registry.
Of the 41 other houses in this postcode, 38 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
43, Richmond Road, Colchester last changed hands on 30th March 2012, selling for £237,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 45.6% since March 2012.
- Sold Mar 2012£237,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 43, Richmond Road, Colchester across the last 2 years.
Most recently, 8, Richmond Road, Colchester, CO2 7FR, a freehold house, sold at £348,000 on the 17th June 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 43, Richmond Road, Colchester as the 6th largest and the 4th most expensive of the 66 addresses on Richmond Road, Colchester, CO2.
Against the CO2 postcode district average, it is £128k more expensive than the typical property.
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Schools Nearby
- 600mHamilton Primary School
- 1.1kmSt John's Green Primary School
- 1.2kmKing's Ford Infant School and Nursery
- 1.1kmColchester Royal Grammar School
- 1.3kmThe Thomas Lord Audley School
- 1.3kmPhilip Morant School and College
More reading links
Public Transport Nearby
Colchester Town station is the nearest stop to 43, Richmond Road, Colchester at 1.4 kilometres away.
- 1.4kmColchester Town
- 2.6kmColchester
- 2.7kmHythe (Essex)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
