Wallace Road - CO4 5GP
Key Street Insights
Wallace Road is a residential street with 48 addresses.
It ranks as the 595th largest and 80th most expensive of the 713 streets in the CO4 area. The most common property type is a modern flat built after 1980.
The street contains a total of 48 properties: 45 flats and 3 other properties.
- Ave. Sale Price
- £184,366
- 10 Year change
- up 7.3%
- Ave. Rental Price
- £987pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Street Insights
Wallace Road is a residential street with 48 addresses.
It ranks as the 595th largest and 80th most expensive of the 713 streets in the CO4 area. The most common property type is a modern flat built after 1980.
The street contains a total of 48 properties: 45 flats and 3 other properties.
- Ave. Sale Price
- £184,366
- 10 Year change
- up 7.3%
- Ave. Rental Price
- £987pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties on Wallace Road, Colchester, CO4
- 1 Wallace Road
2 Bed Modern Flat
- 2 Wallace Road
2 Bed Modern Flat
- 3 Wallace Road
3 Bed Modern Flat
- 4 Wallace Road
Flat
- 5 Wallace Road
2 Bed Modern Flat
Sales Market Trends
The last sale on Wallace Road sold for £185,000 on 11th April 2025. Since then prices are down an average of 3.5%.
The current average value in the street is £184,366.
The Wallace Road Sales Market has increased by 7.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.7% | £184,366 |
| July 2025 | -2.7% | £189,481 |
| July 2024 | 0.6% | £194,800 |
| July 2023 | -1.5% | £193,545 |
| July 2022 | 6.9% | £196,410 |
| July 2021 | 3.4% | £183,685 |
| July 2020 | -1.6% | £177,709 |
| July 2019 | 0.7% | £180,549 |
| July 2018 | -0.1% | £179,266 |
| July 2017 | 4.4% | £179,459 |
| July 2016 | 10.2% | £171,817 |
| July 2015 | 7.8% | £155,850 |
| July 2014 | 6.3% | £144,596 |
| July 2013 | 0.7% | £136,088 |
| July 2012 | 0.9% | £135,124 |
| July 2011 | -0.3% | £133,916 |
| July 2010 | 8.1% | £134,253 |
| July 2009 | -11.3% | £124,164 |
| July 2008 | -9.5% | £139,991 |
| July 2007 | 0% | £154,607 |
Rental Market Trends
The current average rental value in the street is £987.
The Wallace Road Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.1% | £987pcm |
| July 2025 | 3% | £967pcm |
| July 2024 | 5.3% | £939pcm |
| July 2023 | 6% | £892pcm |
| July 2022 | 8.5% | £841pcm |
| July 2021 | 5.8% | £775pcm |
| July 2020 | -0.4% | £732pcm |
| July 2019 | 1.1% | £736pcm |
| July 2018 | 1.3% | £728pcm |
| July 2017 | 0.5% | £718pcm |
| July 2016 | 3.4% | £715pcm |
| July 2015 | 2.4% | £691pcm |
| July 2014 | 2.4% | £675pcm |
| July 2013 | 0.6% | £659pcm |
| July 2012 | 1.2% | £655pcm |
| July 2011 | 3.8% | £647pcm |
| July 2010 | 4.1% | £624pcm |
| July 2009 | -8.2% | £599pcm |
| July 2008 | -1.6% | £653pcm |
| July 2007 | 0% | £663pcm |
Sales History
The last recorded sale was on 11th April 2025 for £185,000 and since then the market in the area has decreased by 3.5%.
Wallace Road, Colchester, CO4 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2025£185,000 | 2 Bed Flat19, Wallace Road, Colchester, CO4 5GP19, Wallace Road, Colchester, CO4 5GP
- Sold May 2024£175,000 | 2 Bed Flat5, Wallace Road, Colchester, CO4 5GP5, Wallace Road, Colchester, CO4 5GP
- Sold Sep 2023£215,000 | 3 Bed Flat7, Wallace Road, Colchester, CO4 5GP7, Wallace Road, Colchester, CO4 5GP
Top 3 Most Expensive Sales
- Sold Feb 2022£226,000 | 3 Bed Flat18, Wallace Road, Colchester, CO4 5GP18, Wallace Road, Colchester, CO4 5GP
- Sold Apr 2022£220,000 | 3 Bed Flat3, Wallace Road, Colchester, CO4 5GP3, Wallace Road, Colchester, CO4 5GP
- Sold Jan 2019£215,000 | 3 Bed Flat7, Wallace Road, Colchester, CO4 5GP7, Wallace Road, Colchester, CO4 5GP
Nearby Streets
Wallace Road, Colchester, CO4 is the 595th largest and the 80th most expensive street in the CO4 area.
- Knevett Close, Colchester, CO412 Addresses|59 m away
- Bardsley Close, Colchester, CO421 Addresses|94 m away
- Stevens Close, Colchester, CO48 Addresses|124 m away
- Hutley Drive, Colchester, CO425 Addresses|128 m away
- Hakewill Way, Colchester, CO4151 Addresses|137 m away
- Stanford Road, Colchester, CO460 Addresses|151 m away
Property Types
- 44 modern flats built after 1980
- 1 flat of an unknown age
- 3 other addresses of unknown type
- modern flat (44)
- flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (10)
- F (0)
- C (35)
- G (0)
- D (0)
- No EPC (3)
Schools Nearby
- Queen Boudica Primary School200 m away
- Myland Community Primary School800 m away
- North Primary School and Nursery1.1 km away
- St Helena School1.3 km away
- The Trinity School1.8 km away
- The Gilberd School1.8 km away
More reading links
Public Transport Nearby
The closest station to Wallace Road, Colchester, CO4 - CO4 5GP is Colchester station, which is 600 metres away.
- Colchester|600 m away
- Colchester Town|2.2 km away
- Hythe (Essex)|3.1 km away
