Observer Way - CO5 9NZ
Key Street Insights
Observer Way is a residential street with 23 addresses.
It ranks as the 383rd largest and 289th most expensive of the 589 streets in the CO5 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £401,791
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,493pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £398/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Street Insights
Observer Way is a residential street with 23 addresses.
It ranks as the 383rd largest and 289th most expensive of the 589 streets in the CO5 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £401,791
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,493pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £398/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertieson Observer Way, Kelvedon, Colchester, CO5
- 1 Observer Way
3 Bed Modern House
- 2 Observer Way
House
- 3 Observer Way
House
- 4 Observer Way
3 Bed Early-century House
- 5A Observer Way
4 Bed Modern House
Sales Market Trends
The last sale on Observer Way sold for £450,000 on 3rd March 2023. Since then prices are down an average of 4.6%.
The current average value in the street is £401,791.
The Observer Way Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £401,791 |
| June 2025 | 0.9% | £408,686 |
| June 2024 | -3.5% | £405,216 |
| June 2023 | 0.9% | £419,920 |
| June 2022 | 10.4% | £416,259 |
| June 2021 | 7.5% | £376,913 |
| June 2020 | 2% | £350,557 |
| June 2019 | 1.1% | £343,611 |
| June 2018 | 0.6% | £340,007 |
| June 2017 | 7.4% | £338,081 |
| June 2016 | 9.5% | £314,755 |
| June 2015 | 8.9% | £287,423 |
| June 2014 | 8.2% | £263,815 |
| June 2013 | 2.8% | £243,773 |
| June 2012 | 1.6% | £237,024 |
| June 2011 | 0.1% | £233,210 |
| June 2010 | 8.9% | £232,891 |
| June 2009 | -10% | £213,931 |
| June 2008 | -1.6% | £237,813 |
| June 2007 | 0% | £241,771 |
Rental Market Trends
The current average rental value in the street is £1,493.
The Observer Way Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,493pcm |
| June 2025 | 4.7% | £1,449pcm |
| June 2024 | 7% | £1,384pcm |
| June 2023 | 7.1% | £1,294pcm |
| June 2022 | 9.3% | £1,209pcm |
| June 2021 | 6.5% | £1,106pcm |
| June 2020 | 3.3% | £1,039pcm |
| June 2019 | 0.7% | £1,005pcm |
| June 2018 | 1.6% | £998pcm |
| June 2017 | 3.5% | £983pcm |
| June 2016 | 6.2% | £949pcm |
| June 2015 | 4.8% | £894pcm |
| June 2014 | 3.6% | £854pcm |
| June 2013 | 1.9% | £824pcm |
| June 2012 | 1.9% | £808pcm |
| June 2011 | 3.2% | £793pcm |
| June 2010 | 8.8% | £768pcm |
| June 2009 | -7.1% | £706pcm |
| June 2008 | 4.2% | £761pcm |
| June 2007 | 0% | £730pcm |
Sales History
The last sale was on 3rd March 2023 for £450,000 and since then the market in the area has decreased by 4.6%. The street has had a total of 13 sales since 1995.
Observer Way, Kelvedon, Colchester, CO5 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2023£450,000 | 3 Bed House24, Observer Way, Colchester, CO5 9NZ24, Observer Way, Colchester, CO5 9NZ
- Sold Feb 2023£420,000 | 3 Bed House16, Observer Way, Colchester, CO5 9NZ16, Observer Way, Colchester, CO5 9NZ
- Sold May 2021£360,000 | 3 Bed House5, Observer Way, Colchester, CO5 9NZ5, Observer Way, Colchester, CO5 9NZ
- Sold Oct 2020£429,000 | 4 Bed House12, Observer Way, Colchester, CO5 9NZ12, Observer Way, Colchester, CO5 9NZ
- Sold Jan 2020£245,000 | 4 Bed House12, Observer Way, Colchester, CO5 9NZ12, Observer Way, Colchester, CO5 9NZ
Top 3 Most Expensive Sales
- Sold Mar 2023£450,000 | 3 Bed House24, Observer Way, Colchester, CO5 9NZ24, Observer Way, Colchester, CO5 9NZ
- Sold Oct 2020£429,000 | 4 Bed House12, Observer Way, Colchester, CO5 9NZ12, Observer Way, Colchester, CO5 9NZ
- Sold Feb 2023£420,000 | 3 Bed House16, Observer Way, Colchester, CO5 9NZ16, Observer Way, Colchester, CO5 9NZ
Nearby Streets
Observer Way, Kelvedon, Colchester, CO5 is the 383rd largest and the 289th most expensive street in the CO5 area.
- Newtown, Kelvedon, Colchester, CO526 Addresses|108 m away
- Coggeshall Road, Kelvedon, Colchester, CO570 Addresses|149 m away
- Garrard Way, Kelvedon, Colchester, CO516 Addresses|173 m away
- Bluebell Close, Kelvedon, Colchester, CO57 Addresses|182 m away
- Foxglove Drive, Kelvedon, Colchester, CO513 Addresses|227 m away
- Rowe Close, Kelvedon, Colchester, CO511 Addresses|238 m away
Property Types
- 3 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- modern house (3)
- mid-century house (4)
- early-century house (6)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (10)
Schools Nearby
- Kelvedon St Mary's Church of England Primary Academy900 m away
- Feering Church of England Primary School1.2 km away
- St Peter's Church of England Voluntary Controlled Primary School, Coggeshall3.4 km away
- Honywood School3.8 km away
- Thurstable School4.3 km away
- Lift New Rickstones5.2 km away
More reading links
Public Transport Nearby
The closest station to Observer Way, Kelvedon, Colchester, CO5 - CO5 9NZ is Kelvedon station, which is 400 metres away.
- Kelvedon|400 m away
- Witham|5.9 km away
- Marks Tey|7.1 km away
