51, Parr Drive
51, Parr Drive
Description & Estimates
51, Parr Drive, Colchester is described in the public record as a mid-century house with 1,270 ft2 of internal area, sitting on a 348 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 51, Parr Drive, Colchester is £397,997 and its rental estimate is £1,989 per month, given the available information and assuming reasonable condition.
Parr Drive, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
51, Parr Drive, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2015.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 51, Parr Drive, Colchester, we estimate a market value of £417,897 and a rental value of £2,089 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £370,137 and £1,850 per month respectively.
Recent Market Change
Over the last year, 51, Parr Drive, Colchester has seen its estimated sale value move down by £3,783 (1.0%) and its estimated rental value increase by £43 per month (2.1%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 51, Parr Drive, Colchester as measuring 348 m2.
That makes it the 14th largest plot in the postcode, where 24 of the 29 other houses have recorded plot data.
Energy Efficiency
51, Parr Drive, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51, Parr Drive, Colchester completed on 1st October 1999 at £88,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Oct 1999£88,500
- Sold Oct 1998£49,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Parr Drive, Colchester have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 74, Oaklands Avenue, Colchester, CO3 9ET, a freehold house which sold for £420,000.
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
Of the 72 addresses on Parr Drive, Colchester, CO3, 51, Parr Drive, Colchester comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the CO3 district.
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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
From 51, Parr Drive, Colchester, the nearest station is Colchester Town, 3.6 kilometres away.
- 3.6kmColchester Town
- 3.7kmColchester
- 4.7kmMarks Tey
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
