7A, Richardson Walk
7A, Richardson Walk
Description & Estimates
Public records show 7A, Richardson Walk, Colchester to be a mid-century freehold house with 2,572 ft2 of internal area, sitting on a 759 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
7A, Richardson Walk, Colchester has an estimated sale value of £886,827 and an estimated rental value of £3,288 per month, assuming reasonable condition and based on the information available.
Richardson Walk, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
Our Data Sources
7A, Richardson Walk, Colchester has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7A, Richardson Walk, Colchester would be worth £931,168, with a potential rental value of £3,452 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £824,749, with a rental value of £3,058 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 7A, Richardson Walk, Colchester has decreased by £5,302 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £75 (2.3%). The property's estimated gross yield is currently 4.4%.
Plot Size
7A, Richardson Walk, Colchester occupies a 759 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
7A, Richardson Walk, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7A, Richardson Walk, Colchester last changed hands on 15th December 2023, selling for £920,000. 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 dropped by 21.8% since December 2023.
- Sold Dec 2023£920,000
- Sold Jun 2011£515,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 7A, Richardson Walk, Colchester across the last 2 years.
Most recently, 145, The Commons, Colchester, CO3 4NT, a freehold house, sold at £565,000 on the 14th June 2024.
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
Our analysis of the public data ranks 7A, Richardson Walk, Colchester as the 4th largest and the 6th most expensive of the 9 addresses on Richardson Walk, Colchester, CO3.
Against the CO3 postcode district average, it is £509k more expensive than the typical property.
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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
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 7A, Richardson Walk, Colchester at 3.2 kilometres away.
- 3.2kmColchester
- 3.2kmColchester Town
- 4.8kmHythe (Essex)
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.
