According to the public record, 1, Valonia Drive, Colchester is a modern freehold house with 1,603 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Valonia Drive, Wivenhoe, Colchester, CO7 is located in the borough of Colchester within the CO7 postal district.
1, Valonia Drive, Colchester has 21 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Valonia Drive Colchester as £505,069 and the rental value as £1,863 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 1 Valonia Drive Colchester has decreased by £11,887 (2.4%) and its rental value has increased by £120 per month (6.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Valonia Drive, Colchester is in very good condition we estimate a sale value of £530,323 and rental value of £1,956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,714 and a rental value of £1,733 per month.
If you were able to purchase this property for the estimated value of £505,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,482 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Valonia Drive, Colchester sits on a plot of 268m2.
We have plot size data on 10 out of 10 other houses in the postcode and 1, Valonia Drive, Colchester sits on the 2nd largest plot.
According to HM Land Registry, 1, Valonia Drive, Colchester was last sold on 17 Feb 2016 for £452,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Valonia Drive, Colchester within a radius of 630 metres over the last 2 years.
The most recent example is 8, Admirals Walk, Colchester, CO7 9SZ, a Freehold house which sold for £590,000 in Feb 2023.
Read more about house prices in CO7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valonia Drive, Wivenhoe, Colchester, CO7 has a total of 10 addresses. According to our analysis of all the public data, 1, Valonia Drive, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in CO7.
1, Valonia Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Valonia Drive, Colchester is Wivenhoe station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Valonia Drive, Colchester, 42.7% of property is privately owned outright and 26.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Valonia Drive, Colchester, 15.8% of residents are recorded as possessing school level qualifications and 53.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Valonia Drive, Colchester, the average age was 41 and the most common age was 17.
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 1, Valonia Drive, Colchester, 1.1% 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 1, Valonia Drive, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.