7, Richardson Walk
7, Richardson Walk
Description & Estimates
7, Richardson Walk, Colchester is described in the public record as an early-century house with 2,292 ft2 of internal area, sitting on a 1,081 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Richardson Walk, Colchester is £984,758 and its rental estimate is £3,651 per month, given the available information and assuming reasonable condition.
Richardson Walk, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
7, Richardson Walk, Colchester has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Richardson Walk, Colchester, we estimate a market value of £1,033,996 and a rental value of £3,834 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £915,825 and £3,395 per month respectively.
Recent Market Change
Over the last year, 7, Richardson Walk, Colchester has seen its estimated sale value decrease by £5,887 (0.6%) and its estimated rental value grow by £83 per month (2.3%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 7, Richardson Walk, Colchester as measuring 1,081 m2.
That makes it the 7th largest plot in the postcode, where 8 of the 9 other houses have recorded plot data.
Energy Efficiency
7, Richardson Walk, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Richardson Walk, Colchester have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 145, The Commons, Colchester, CO3 4NT, a freehold house which sold for £565,000.
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 9 addresses on Richardson Walk, Colchester, CO3, 7, Richardson Walk, Colchester comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £607k more expensive than the average property across the CO3 district.
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Schools Nearby
- 400mSt Teresa's Catholic Primary School, Colchester
- 500mHome Farm Primary School
- 800mPrettygate Junior School
- 1.0kmPhilip Morant School and College
- 1.2kmSt Benedict's Catholic College
- 1.2kmColchester County High School for Girls
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Public Transport Nearby
From 7, Richardson Walk, Colchester, the nearest station is Colchester, 3.2 kilometres away.
- 3.2kmColchester
- 3.2kmColchester Town
- 4.8kmHythe (Essex)
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.
