1, Proctor Way
1, Proctor Way
Description & Estimates
According to the public record, 1, Proctor Way, Colchester is a mid-century freehold house with 1,625 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Proctor Way, Colchester is £484,470 and the estimated rental value is £1,874 per month.
Proctor Way, Marks Tey, Colchester, CO6 is located in the borough of Colchester within the CO6 postal district.
Our Data Sources
1, Proctor Way, Colchester has 2 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Proctor Way, Colchester is in very good condition we estimate a sale value of £508,694 and a rental value of £1,968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,557 and a rental value of £1,743 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Proctor Way, Colchester has declined by £8,761 (1.8%), while its estimated rental value has climbed by £43 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 1, Proctor Way, Colchester sits on a plot of 392 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 1, Proctor Way, Colchester sits on the largest plot.
Energy Efficiency
1, Proctor Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 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, Proctor Way, Colchester was last sold on 4th May 2017 for £382,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has risen by 44.2%.
- Sold May 2017£382,000
- Sold May 2007£270,000
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, Proctor Way, Colchester within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 17, Mandeville Road, Colchester, CO6 1XT, a freehold house which sold for £370,000 on the 13th June 2023.
Read more about house prices in CO6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Proctor Way, Marks Tey, Colchester, CO6 has a total of 20 addresses. According to our analysis of all the public data, 1, Proctor Way, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in CO6.
More reading links
Schools Nearby
- 300mSt Andrew's Church of England Primary Academy, Marks Tey
- 2.2kmCopford Church of England Voluntary Controlled Primary School
- 3.1kmGreat Tey Church of England Voluntary Controlled Primary School
- 5.2kmThe Stanway School
- 5.3kmHonywood School
- 6.3kmThurstable School
More reading links
Public Transport Nearby
The closest station to 1, Proctor Way, Colchester is Marks Tey station, which is 1.4 kilometres away.
- 1.4kmMarks Tey
- 5.7kmChappel & Wakes Colne
- 5.8kmKelvedon
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.
