1, Silver Band Close
1, Silver Band Close
Description & Estimates
The public record describes 1, Silver Band Close, Colchester as a modern house with 807 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Silver Band Close, Colchester has an estimated sale value of £324,902 and an estimated rental value of £1,415 per month, assuming reasonable condition and based on the information available.
Silver Band Close, Boxted, Colchester, CO4 lies in the borough of Colchester, within the CO4 postal district.
Our Data Sources
1, Silver Band Close, Colchester has no records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data 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
In very good condition, we estimate 1, Silver Band Close, Colchester would be worth £341,147, with a potential rental value of £1,486 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £302,159, with a rental value of £1,316 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Silver Band Close, Colchester has declined by £3,815 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £26 (1.8%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
1, Silver Band Close, Colchester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 26 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.7 kilometres of 1, Silver Band Close, Colchester across the last 2 years.
Most recently, 34, Hill Farm Way, Colchester, CO4 5RD, a freehold house, sold at £400,000 on the 21st June 2023.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Silver Band Close, Colchester as the 3rd largest and the 3rd most expensive of the 7 addresses on Silver Band Close, Boxted, Colchester, CO4.
Against the CO4 postcode district average, it is £12k more expensive than the typical property.
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Schools Nearby
- 200mBoxted St Peter's Church of England School
- 2.2kmLangham Primary Academy
- 4.0kmNayland Primary School
- 4.5kmThe Trinity School
- 4.5kmThe Gilberd School
- 7.0kmColchester Academy
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Public Transport Nearby
Colchester station is the nearest stop to 1, Silver Band Close, Colchester at 6.4 kilometres away.
- 6.4kmColchester
- 7.8kmColchester Town
- 7.9kmHythe (Essex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
