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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
14, Norman Way, Colchester is recorded publicly as a mid-century freehold house across 570 ft2 of internal area, sitting on a 286 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 14, Norman Way, Colchester is £270,516 and its rental estimate is £1,435 per month, given the available information and assuming reasonable condition.
Norman Way, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
14, Norman Way, Colchester has 31 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated October 2012.
We combine this information with that 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.
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 14, Norman Way, Colchester, we estimate a market value of £284,042 and a rental value of £1,507 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,580 and £1,335 per month respectively.
Over the last year, 14, Norman Way, Colchester has seen its estimated sale value move down by £2,635 (1.0%) and its estimated rental value increase by £32 per month (2.2%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 14, Norman Way, Colchester as measuring 286 m2.
That makes it the 11th largest plot in the postcode, where all 16 other houses have recorded plot data.
14, Norman Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 14, Norman Way, Colchester completed on 9th October 2017 at £235,000 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 16.9% over the period since October 2017.
Over the past 2 years 3 properties similar to 14, Norman Way, Colchester have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2021, was 29, Magazine Farm Way, Colchester, CO3 4EJ, a freehold house which sold for £305,000.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Norman Way, Colchester, CO3, 14, Norman Way, Colchester comes out as the 12th largest and the 17th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the CO3 district.
From 14, Norman Way, Colchester, the nearest station is Colchester Town, 2.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 14, 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 14, 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 14, 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 14, 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 14, 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.
