1, Reed Walk
1, Reed Walk
Description & Estimates
According to the public record, 1, Reed Walk, Colchester is a modern freehold house with 785 ft2 of internal area and sits on a 124 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, Reed Walk, Colchester is £290,517 and the estimated rental value is £1,376 per month.
Reed Walk, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
1, Reed Walk, Colchester has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated May 2024.
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, Reed Walk, Colchester is in very good condition we estimate a sale value of £305,042 and a rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,180 and a rental value of £1,279 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Reed Walk, Colchester has moved down by £3,024 (1.0%), while its estimated rental value has increased by £25 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Plot Size
According to data from HM Land Registry, 1, Reed Walk, Colchester sits on a plot of 124 m2.
We have plot size data on 9 out of 18 other houses in the postcode and 1, Reed Walk, Colchester sits on the 11th largest plot.
Energy Efficiency
1, Reed Walk, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2024.
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, Reed Walk, Colchester was last sold on 11th September 2024 for £305,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped by 18.5%.
- Sold Sep 2024£305,000
- Sold Oct 2018£263,000
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, Reed Walk, Colchester within a radius of 750 metres over the last 2 years.
The most recent example is 13, Reed Walk, Colchester, CO1 1QE, a freehold house which sold for £275,000 on the 17th June 2024.
Read more about house prices in CO1.
- Sold Jun 2024£275,000 | 3 Bed House13, Reed Walk, Colchester, CO1 1QE13, Reed Walk, Colchester, CO1 1QE
- Sold Jul 2023£325,000 | 3 Bed House12, Reed Walk, Colchester, CO1 1QE12, Reed Walk, Colchester, CO1 1QE
- Sold Nov 2022£305,000 | 3 Bed House3, River Bank Walk, Colchester, CO1 1QJ3, River Bank Walk, Colchester, CO1 1QJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Reed Walk, Colchester, CO1 has a total of 21 addresses. According to our analysis of all the public data, 1, Reed Walk, Colchester is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in CO1.
More reading links
Schools Nearby
- 600mSt James the Great Church of England Primary School
- 900mSt Thomas More's Catholic Primary School, Colchester
- 1.0kmWillow Brook Primary School and Nursery
- 1.5kmSt Helena School
- 1.9kmColchester Royal Grammar School
- 2.0kmColchester Academy
More reading links
Public Transport Nearby
The closest station to 1, Reed Walk, Colchester is Colchester station, which is 1.2 kilometres away.
- 1.2kmColchester
- 1.2kmColchester Town
- 1.8kmHythe (Essex)
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.
