1, Mario Way
1, Mario Way
Description & Estimates
According to the public record, 1, Mario Way, Colchester is a modern freehold house with 731 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Mario Way, Colchester is £280,916 and the estimated rental value is £1,470 per month.
Mario Way, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
Our Data Sources
1, Mario Way, Colchester has 31 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Mario Way, Colchester is in very good condition we estimate a sale value of £294,962 and a rental value of £1,544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,252 and a rental value of £1,367 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Mario Way, Colchester has fallen by £3,818 (1.4%), while its estimated rental value has moved up by £31 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Plot Size
According to data from HM Land Registry, 1, Mario Way, Colchester sits on a plot of 185 m2.
We have plot size data on 28 out of 31 other houses in the postcode and 1, Mario Way, Colchester sits on the 14th largest plot.
Energy Efficiency
1, Mario Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Mario Way, Colchester was last sold on 23rd October 2017 for £235,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has risen by 18.0%.
- Sold Oct 2017£235,000
- Sold Aug 2015£221,500
- Sold Jun 2006£170,200
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Mario Way, Colchester within a radius of 840 metres over the last 2 years.
The most recent example is 3, Memnon Court, Colchester, CO2 7QW, a freehold house which sold for £253,000 on the 22nd May 2020.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Mario Way, Colchester, CO2 has a total of 35 addresses. According to our analysis of all the public data, 1, Mario Way, Colchester is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in CO2.
More reading links
Schools Nearby
- 500mMonkwick Junior School
- 600mMonkwick Infant and Nursery School
- 1.2kmSt. George's School
- 400mThe Thomas Lord Audley School
- 1.9kmColchester Royal Grammar School
- 2.0kmPaxman Academy
More reading links
Public Transport Nearby
The closest station to 1, Mario Way, Colchester is Colchester Town station, which is 1.7 kilometres away.
- 1.7kmColchester Town
- 2.6kmHythe (Essex)
- 3.3kmColchester
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
