According to the public record, 49, Chaucer Way, Colchester is a mid-century house with 1,806 ft2 of internal area and sits on a 291 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Chaucer Way, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
49, Chaucer Way, Colchester has no records in the Land Registry database and a single entry in the EPC database dated September 2010.
We combine this information with public data 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 49 Chaucer Way Colchester as £496,117 and the rental value as £2,094 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 49 Chaucer Way Colchester has decreased by £7,886 (1.6%) and its rental value has increased by £67 per month (3.2%).
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 49, Chaucer Way, Colchester is in very good condition we estimate a sale value of £520,922 and rental value of £2,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,388 and a rental value of £1,947 per month.
If you were able to purchase this property for the estimated value of £496,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,438 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, 49, Chaucer Way, Colchester sits on a plot of 291m2.
We have plot size data on 7 out of 14 other houses in the postcode and 49, Chaucer Way, Colchester sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Chaucer Way, Colchester within a radius of 740 metres over the last 2 years.
The most recent example is 14, Henley Court, Colchester, CO3 4HD, a Freehold house which sold for £460,000 in Mar 2023.
Read more about house prices in CO3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaucer Way, Colchester, CO3 has a total of 54 addresses. According to our analysis of all the public data, 49, Chaucer Way, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in CO3.
49, Chaucer Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2010.
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 49, Chaucer Way, Colchester is Colchester station which is 2.8 kilometres 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 49, Chaucer Way, Colchester, 49.3% of property is privately owned outright and 32.8% 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 49, Chaucer Way, Colchester, 23.4% of residents are recorded as possessing school level qualifications and 39.5% 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 49, Chaucer Way, Colchester, the average age was 43.4 and the most common age was 52.
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 49, Chaucer Way, Colchester, 0.6% 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 49, Chaucer Way, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.