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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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7, Riverside Place, Colchester is recorded publicly as a modern freehold house across 1,501 ft2 of internal area, sitting on a 212 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Riverside Place, Colchester is £421,870 and its rental estimate is £1,769 per month, given the available information and assuming reasonable condition.
Riverside Place, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
7, Riverside Place, Colchester has 2 entries in the Land Registry , most recently in March 2017 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.
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, Riverside Place, Colchester, we estimate a market value of £442,964 and a rental value of £1,858 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £392,339 and £1,646 per month respectively.
Over the last year, 7, Riverside Place, Colchester has seen its estimated sale value drop by £3,808 (0.9%) and its estimated rental value rise by £34 per month (1.9%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 7, Riverside Place, Colchester as measuring 212 m2.
That makes it the 17th largest plot in the postcode, where all 24 other houses have recorded plot data.
7, Riverside Place, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 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.
The most recent sale of 7, Riverside Place, Colchester completed on 1st March 2017 at £375,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.6% over the period since March 2017.
Over the past 2 years 3 properties similar to 7, Riverside Place, Colchester have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was 2, Riverside Place, Colchester, CO1 2ZG, a freehold house which sold for £500,000.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Riverside Place, Colchester, CO1, 7, Riverside Place, Colchester comes out as the 15th largest and the 16th most expensive in our analysis of the public data.
It is also £188k more expensive than the average property across the CO1 district.
From 7, Riverside Place, Colchester, the nearest station is Colchester Town, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Riverside Place, Colchester, 42.2% of property is privately owned with a mortgage and 35.2% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Riverside Place, Colchester, 24.5% of residents are recorded as possessing school level qualifications and 42.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Riverside Place, Colchester, the average age was 40 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Riverside Place, Colchester, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Riverside Place, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
