According to the public record, 2, Williams Walk, Colchester is a period freehold house with 667 ft2 of internal area and sits on a 48.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Williams Walk, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
2, Williams Walk, Colchester has 51 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated May 2014.
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 2 Williams Walk Colchester as £225,987 and the rental value as £1,163 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 2 Williams Walk Colchester has decreased by £2,335 (1.0%) and its rental value has increased by £83 per month (7.1%).
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 2, Williams Walk, Colchester is in very good condition we estimate a sale value of £237,287 and rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,168 and a rental value of £1,082 per month.
If you were able to purchase this property for the estimated value of £225,987, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,111 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, 2, Williams Walk, Colchester sits on a plot of 49m2.
We have plot size data on 14 out of 16 other houses in the postcode and 2, Williams Walk, Colchester sits on the 9th largest plot.
According to HM Land Registry, 2, Williams Walk, Colchester was last sold on 18 Jan 2018 for £180,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jan 2018, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Williams Walk, Colchester within a radius of 490 metres over the last 2 years.
The most recent example is 49, Northgate Street, Colchester, CO1 1EY, a Freehold house which sold for £222,000 in Feb 2022.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Williams Walk, Colchester, CO1 has a total of 25 addresses. According to our analysis of all the public data, 2, Williams Walk, Colchester is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in CO1.
2, Williams Walk, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 May 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Williams Walk, 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 2, Williams Walk, Colchester, 44.0% of property is socially rented and 39.8% is privately 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 2, Williams Walk, Colchester, 15.7% of residents are recorded as possessing school level qualifications and 28.5% 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 2, Williams Walk, Colchester, the average age was 40 and the most common age was 27.
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 2, Williams Walk, 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 2, Williams Walk, Colchester, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.