According to the public record, 13, Colonel Way, Colchester is a modern freehold house with 775 ft2 of internal area and sits on a 75 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colonel Way, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
13, Colonel Way, Colchester has 2 entries in the Land Registry database, most recently in February 2019 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 13 Colonel Way Colchester as £266,513 and the rental value as £1,230 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 13 Colonel Way Colchester has decreased by £2,627 (1.0%) and its rental value has increased by £97 per month (7.9%).
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 13, Colonel Way, Colchester is in very good condition we estimate a sale value of £279,838 and rental value of £1,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,857 and a rental value of £1,143 per month.
If you were able to purchase this property for the estimated value of £266,513, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,310 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, 13, Colonel Way, Colchester sits on a plot of 75m2.
We have plot size data on 18 out of 18 other houses in the postcode and 13, Colonel Way, Colchester sits on the 17th largest plot.
According to HM Land Registry, 13, Colonel Way, Colchester was last sold on 28 Feb 2019 for £207,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Colonel Way, Colchester within a radius of 330 metres over the last 2 years.
The most recent example is 2, Captain Gardens, Colchester, CO2 7FX, a Freehold house which sold for £247,500 in Mar 2023.
Read more about house prices in CO2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colonel Way, Colchester, CO2 has a total of 18 addresses. According to our analysis of all the public data, 13, Colonel Way, Colchester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in CO2.
13, Colonel Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 13, Colonel Way, Colchester is Colchester Town station which is 500 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 13, Colonel Way, Colchester, 36.7% of property is privately rented and 26.6% is socially rented.
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 13, Colonel Way, Colchester, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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 13, Colonel Way, Colchester, the average age was 33.3 and the most common age was 22.
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 13, Colonel Way, Colchester, 0.0% 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 13, Colonel Way, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.