1, Wedgewood Drive
1, Wedgewood Drive
Description & Estimates
1, Wedgewood Drive, Colchester is recorded publicly as a modern freehold house across 742 ft2 of internal area, sitting on a 533 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Wedgewood Drive, Colchester is £350,888 and its rental estimate is £1,313 per month, given the available information and assuming reasonable condition.
Wedgewood Drive, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
1, Wedgewood Drive, Colchester has 31 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated June 2024.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Wedgewood Drive, Colchester, we estimate a market value of £368,432 and a rental value of £1,378 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £326,326 and £1,221 per month respectively.
Recent Market Change
Over the last year, 1, Wedgewood Drive, Colchester has seen its estimated sale value move down by £4,120 (1.2%) and its estimated rental value increase by £24 per month (1.8%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 1, Wedgewood Drive, Colchester as measuring 533 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
1, Wedgewood Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 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
The most recent sale of 1, Wedgewood Drive, Colchester completed on 6th January 2021 at £315,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 13.5% over the period since January 2021.
- Sold Jan 2021£315,000
- Sold May 2015£237,500
- Sold May 1996£77,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Wedgewood Drive, Colchester have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd January 2024, was 17, Peppercorn Close, Colchester, CO4 5WS, a freehold house which sold for £280,000.
Read more about house prices in CO4.
- Sold Jan 2024£280,000 | 3 Bed House17, Peppercorn Close, Colchester, CO4 5WS17, Peppercorn Close, Colchester, CO4 5WS
- Sold Apr 2022£250,000 | 3 Bed House12, Prior Way, Colchester, CO4 5DG12, Prior Way, Colchester, CO4 5DG
- Sold Oct 2019£330,000 | 3 Bed House52, Braithwaite Drive, Colchester, CO4 5XG52, Braithwaite Drive, Colchester, CO4 5XG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Wedgewood Drive, Colchester, CO4, 1, Wedgewood Drive, Colchester comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the CO4 district.
More reading links
Schools Nearby
- 400mQueen Boudica Primary School
- 900mNorth Primary School and Nursery
- 1.0kmMyland Community Primary School
- 1.1kmSt Helena School
- 2.0kmThe Trinity School
- 2.0kmThe Gilberd School
More reading links
Public Transport Nearby
From 1, Wedgewood Drive, Colchester, the nearest station is Colchester, 400 metres away.
- 400mColchester
- 2.0kmColchester Town
- 3.0kmHythe (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
