1, Ward Close
1, Ward Close
Description & Estimates
According to the public record, 1, Ward Close, Colchester is a modern freehold house with 882 ft2 of internal area and sits on a 564 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, Ward Close, Colchester is £486,029 and the estimated rental value is £1,657 per month.
Ward Close, Wivenhoe, Colchester, CO7 is located in the borough of Colchester within the CO7 postal district.
Our Data Sources
1, Ward Close, Colchester has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Ward Close, Colchester is in very good condition we estimate a sale value of £510,330 and a rental value of £1,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,007 and a rental value of £1,541 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Ward Close, Colchester has decreased by £3,316 (0.7%), while its estimated rental value has grown by £36 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 1, Ward Close, Colchester sits on a plot of 564 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Ward Close, Colchester sits on the largest plot.
Energy Efficiency
1, Ward Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Ward Close, Colchester was last sold on 19th August 2015 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2015, the market for similar properties has risen by 38.0%.
- Sold Aug 2015£340,000
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, Ward Close, Colchester within a radius of 780 metres over the last 2 years.
The most recent example is 8A, Manor Road, Colchester, CO7 9LN, a freehold house which sold for £330,000 on the 6th September 2017.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ward Close, Wivenhoe, Colchester, CO7 has a total of 4 addresses. According to our analysis of all the public data, 1, Ward Close, Colchester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in CO7.
More reading links
Schools Nearby
- 300mMillfields Primary School
- 1.0kmBroomgrove Infant School
- 1.0kmBroomgrove Junior School
- 4.2kmColchester Academy
- 4.4kmThe Thomas Lord Audley School
- 5.9kmColne Community School
More reading links
Public Transport Nearby
The closest station to 1, Ward Close, Colchester is Wivenhoe station, which is 800 metres away.
- 800mWivenhoe
- 2.3kmAlresford (Essex)
- 3.8kmHythe (Essex)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
