According to the public record, 94, George Williams Way, Colchester is a modern freehold house with 1,001 ft2 of internal area and sits on a 98.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
George Williams Way, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
94, George Williams Way, Colchester has 31 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated April 2021.
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 94 George Williams Way Colchester as £286,614 and the rental value as £1,310 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 94 George Williams Way Colchester has decreased by £2,949 (1.0%) and its rental value has increased by £102 per month (7.8%).
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 94, George Williams Way, Colchester is in very good condition we estimate a sale value of £300,945 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,551 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £286,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,409 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, 94, George Williams Way, Colchester sits on a plot of 99m2.
We have plot size data on 23 out of 26 other houses in the postcode and 94, George Williams Way, Colchester sits on the 14th largest plot.
According to HM Land Registry, 94, George Williams Way, Colchester was last sold on 08 Aug 2021 for £252,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, George Williams Way, Colchester within a radius of 370 metres over the last 2 years.
The most recent example is 92, George Williams Way, Colchester, CO1 2JZ, a Freehold house which sold for £330,000 in Aug 2023.
Read more about house prices in CO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Williams Way, Colchester, CO1 has a total of 189 addresses. According to our analysis of all the public data, 94, George Williams Way, Colchester is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in CO1.
94, George Williams Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2021.
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 94, George Williams 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 94, George Williams Way, Colchester, 42.9% of property is socially rented and 39.3% 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 94, George Williams Way, Colchester, 16.3% of residents are recorded as possessing school level qualifications and 26.9% 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 94, George Williams 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 94, George Williams Way, Colchester, 0.5% 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 94, George Williams Way, Colchester, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.