King George Road, Colchester, Essex, CO2
PU

King George Road, Colchester, Essex, CO2

By Pure Investor

£ 290,000

Reviews

3 out of 5 stars

Pure Investor says ..

Property Being Sold With Tenants In Situ | Potential Yield Of 6.0% | Advertised Below Market Value | Rear Conservatory | Large Rear Garden

Property Oracle says ..

The property is a 3-bedroom house situated on King George Road in the Berechurch area of Colchester, Essex. The list price is £290,000. While the square footage of the house itself is not provided, the plot size is 101.50 sqft. This is a relatively small plot size compared to other properties in the area. The property appears to be in reasonable condition. The images show a house that is habitable, though some aspects, such as the kitchen and carpets, might benefit from modernization. There is evidence of a garden, which is a positive feature. The property’s proximity to Colchester Town railway station (1.13km) is a significant advantage, suggesting good transport links. Several schools are within a reasonable distance, including St. George’s School and The Thomas Lord Audley School, both rated ‘Good’ by Ofsted. This is positive for families. The average house price in the area is £348,914, with an average price per square foot of £356. Given the lack of information on the property’s square footage, a precise price comparison per square foot is not possible. However, considering the average price in the area and the property’s condition and plot size, the list price of £290,000 appears to be relatively reasonable, potentially even slightly below average for the area, depending on the actual square footage of the property. Nearby properties on King George Road have sold for prices ranging from £145,000 to £305,000, indicating some price variability on the street.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Lot (est)
101.50

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
338,750.00 £
Increased by 18.72 %
from 285,325.00 £
Average area rental value
958.00 £/mo
Decreased by 17.34 %
from 1,159.00 £/mo
Est rental Yield
3.39 %
Decreased by 30.39 %
from 4.87 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
St. George'S SchoolCommunity SchoolGood0.80 KM
The Thomas Lord Audley SchoolAcademy ConverterGood0.88 KM
Monkwick Junior SchoolAcademy Sponsor LedRequires improvement0.96 KM
Col4 Berechurch Family HubChildren's Centre0.96 KM
Monkwick Infant And Nursery SchoolAcademy ConverterGood0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Camp Folley North £ 000.00 KM
Windsor Close £ 170,00000.00 KM
St Botolph's Church Walk £ 000.00 KM
Britannia Way £ 85,00000.00 KM
Essex Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET1.13 KM
Colchester6861COL2.88 KM
Hythe (Essex)6851HYH2.98 KM
Wivenhoe6860WIV6.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
King George Road, Colchester, Essex, CO2 £ 375,000BUY7 / 100.00 KM
King George Road, Colchester, Essex, CO2 £ 375,000BUYUnknown0.06 KM
Midland Close, Colchester £ 325,000BUY6 / 100.12 KM
Britannia Mews, Colchester, Colchester, CO2 £ 350,000BUY7 / 100.13 KM
Britannia Mews, Colchester, Colchester, CO2 £ 350,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
68 King George Road £ 145,0000.00 KM
45 King George Road £ 172,0000.00 KM
50 King George Road £ 172,5000.00 KM
82 King George Road £ 154,5000.00 KM
17 King George Road £ 305,0000.00 KM