8, Komodo Drive
8, Komodo Drive
Description & Estimates
8, Komodo Drive, Colchester is recorded publicly as a modern freehold house across 1,463 ft2 of internal area, sitting on a 385 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Komodo Drive, Colchester is £467,244 and its rental estimate is £2,159 per month, given the available information and assuming reasonable condition.
Komodo Drive, Stanway, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
8, Komodo Drive, Colchester has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated May 2020.
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
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 8, Komodo Drive, Colchester, we estimate a market value of £490,606 and a rental value of £2,267 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £434,537 and £2,008 per month respectively.
Recent Market Change
Over the last year, 8, Komodo Drive, Colchester has seen its estimated sale value fall by £4,441 (1.0%) and its estimated rental value move up by £46 per month (2.1%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 8, Komodo Drive, Colchester as measuring 385 m2.
That makes it the largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
8, Komodo Drive, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Komodo Drive, Colchester completed on 17th December 2020 at £420,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.0% over the period since December 2020.
- Sold Dec 2020£420,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Komodo Drive, Colchester have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was 6, Red Panda Road, Colchester, CO3 8BB, a freehold house which sold for £512,000.
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 8 addresses on Komodo Drive, Stanway, Colchester, CO3, 8, Komodo Drive, Colchester comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £90k more expensive than the average property across the CO3 district.
More reading links
Schools Nearby
- 1.1kmLakelands Primary School
- 1.3kmStanway Primary School
- 1.7kmStanway Fiveways Primary School
- 1.4kmThe Stanway School
- 3.6kmPhilip Morant School and College
- 3.7kmPaxman Academy
More reading links
Public Transport Nearby
From 8, Komodo Drive, Colchester, the nearest station is Marks Tey, 2.7 kilometres away.
- 2.7kmMarks Tey
- 5.2kmColchester
- 5.7kmColchester Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
