5, Riverside Place
5, Riverside Place
Description & Estimates
Public records show 5, Riverside Place, Colchester to be a modern freehold house with 1,453 ft2 of internal area, sitting on a 314 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Riverside Place, Colchester has an estimated sale value of £413,862 and an estimated rental value of £1,736 per month, assuming reasonable condition and based on the information available.
Riverside Place, Colchester, CO1 lies in the borough of Colchester, within the CO1 postal district.
Our Data Sources
5, Riverside Place, Colchester has 2 entries in the Land Registry , most recently in February 2013 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.
Price Range & Condition
In very good condition, we estimate 5, Riverside Place, Colchester would be worth £434,555, with a potential rental value of £1,823 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £384,892, with a rental value of £1,614 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 5, Riverside Place, Colchester has decreased by £3,736 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (1.9%). The property's estimated gross yield is currently 5.0%.
Plot Size
5, Riverside Place, Colchester occupies a 314 m2 plot as recorded by HM Land Registry.
All 24 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
5, Riverside Place, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 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.
Sold Prices
5, Riverside Place, Colchester last changed hands on 8th February 2013, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 36.9% since February 2013.
- Sold Feb 2013£250,000
- Sold Apr 2009£340,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 5, Riverside Place, Colchester across the last 2 years.
Most recently, 2, Riverside Place, Colchester, CO1 2ZG, a freehold house, sold at £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.
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Location Comparison
Our analysis of the public data ranks 5, Riverside Place, Colchester as the 21st largest and the 21st most expensive of the 24 addresses on Riverside Place, Colchester, CO1.
Against the CO1 postcode district average, it is £180k more expensive than the typical property.
More reading links
Schools Nearby
- 200mSt James the Great Church of England Primary School
- 500mSt Thomas More's Catholic Primary School, Colchester
- 900mWillow Brook Primary School and Nursery
- 1.7kmColchester Academy
- 1.8kmSt Helena School
- 2.0kmColchester Royal Grammar School
More reading links
Public Transport Nearby
Colchester Town station is the nearest stop to 5, Riverside Place, Colchester at 1.0 kilometres away.
- 1.0kmColchester Town
- 1.1kmHythe (Essex)
- 1.7kmColchester
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.
