15, Michael Wright Way
15, Michael Wright Way
Description & Estimates
15, Michael Wright Way, Colchester is recorded publicly as a modern freehold house across 1,162 ft2 of internal area, sitting on a 445 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Michael Wright Way, Colchester is £454,383 and its rental estimate is £1,720 per month, given the available information and assuming reasonable condition.
Michael Wright Way, Great Bentley, Colchester, CO7 falls within the CO7 postal district, in the borough of Tendring.
Our Data Sources
15, Michael Wright Way, Colchester has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 15, Michael Wright Way, Colchester, we estimate a market value of £477,102 and a rental value of £1,806 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £422,576 and £1,599 per month respectively.
Recent Market Change
Over the last year, 15, Michael Wright Way, Colchester has seen its estimated sale value decline by £3,100 (0.7%) and its estimated rental value climb by £38 per month (2.2%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 15, Michael Wright Way, Colchester as measuring 445 m2.
That makes it the 28th largest plot in the postcode, where 41 of the 57 other houses have recorded plot data.
Energy Efficiency
15, Michael Wright Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Michael Wright Way, Colchester completed on 24th February 2023 at £499,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.8% over the period since February 2023.
- Sold Feb 2023£499,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Michael Wright Way, Colchester have sold within a radius of 2.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2025, was 13, Michael Wright Way, Colchester, CO7 8GH, a freehold house which sold for £450,000.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 57 addresses on Michael Wright Way, Great Bentley, Colchester, CO7, 15, Michael Wright Way, Colchester comes out as the 30th largest and the 28th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the CO7 district.
More reading links
Schools Nearby
- 800mGreat Bentley Primary School
- 3.2kmWeeley St Andrew's CofE Primary School
- 4.0kmTendring Primary School
- 5.4kmColne Community School
- 8.1kmLift Clacton
- 9.2kmClacton County High School
More reading links
Public Transport Nearby
From 15, Michael Wright Way, Colchester, the nearest station is Great Bentley, 800 metres away.
- 800mGreat Bentley
- 3.1kmWeeley
- 5.1kmAlresford (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
