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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 12, Norman Way, Colchester as a mid-century house with 548 ft2 of internal area, sitting on a 280 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
12, Norman Way, Colchester has an estimated sale value of £277,025 and an estimated rental value of £1,470 per month, assuming reasonable condition and based on the information available.
Norman Way, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
12, Norman Way, Colchester has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 12, Norman Way, Colchester would be worth £290,877, with a potential rental value of £1,543 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £257,634, with a rental value of £1,367 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 12, Norman Way, Colchester has moved down by £2,698 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £33 (2.2%). The property's estimated gross yield is currently 6.4%.
12, Norman Way, Colchester occupies a 280 m2 plot as recorded by HM Land Registry.
All 16 other houses in this postcode have recorded plot sizes, and this one ranks as the 12th largest.
12, Norman Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 12, Norman Way, Colchester across the last 2 years.
Most recently, 2A, Rainsborowe Road, Colchester, CO2 7JR, a freehold house, sold at £246,500 on the 6th November 2020.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 12, Norman Way, Colchester as the 17th largest and the 15th most expensive of the 19 addresses on Norman Way, Colchester, CO3.
Against the CO3 postcode district average, it is £100k less expensive than the typical property.
Colchester Town station is the nearest stop to 12, Norman Way, Colchester at 2.2 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Norman Way, Colchester, 68.7% of property is privately owned outright and 16.8% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Norman Way, Colchester, 18.3% of residents are recorded as possessing school level qualifications and 27.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Norman Way, Colchester, the average age was 45.6 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Norman Way, Colchester, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Norman Way, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
