5 Park Road

    5, PARK ROAD, COLCHESTER, CO3 3UL

    This detached freehold property on Park Road last sold in March 2022 for £850,000. Based on price growth in the CO3 district since then, its estimated current value is £890,913 — placing it in the 94th percentile nationally and the 97th percentile within CO3. The property covers 215 m² (2,314 sq ft), giving an estimated value of £4,144 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,314 sq ft

    215 m²

    Last Sale Price

    £850,000

    Mar 2022

    Estimated Valuation

    £890,913

    Est. £/sq ft

    £385/sq ft

    £4,144/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,314 sq ft (215 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2022

    £850,000

    20 Jul 2015

    £715,000

    2 Mar 2006

    £585,000

    Key Metrics

    Estimated valuation£890,913
    Value per sq ft / m²£385/sq ft (£4,144/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile97th percentile
    National percentile94th percentile

    District Context — CO3

    CO3 covers the Colchester area in Essex, positioned in the southeast of England with good road and rail links to London and the wider region. It is a mixed community blending suburban residential neighbourhoods with a historic town centre, appealing to families, commuters, and professionals.

    Average Property Price - CO3

    £391,510

    66

    National percentile

    Average Net Household Income - CO3

    £47,296

    82

    National percentile

    10-Year Annualised Price Growth - CO3

    3.0%

    29

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO3

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