15, Norman Way
15, Norman Way
Description & Estimates
Public records show 15, Norman Way, Colchester to be a mid-century freehold house with 1,646 ft2 of internal area, sitting on a 426 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
15, Norman Way, Colchester has an estimated sale value of £522,976 and an estimated rental value of £2,241 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.
Our Data Sources
15, Norman Way, Colchester has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated October 2023.
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
In very good condition, we estimate 15, Norman Way, Colchester would be worth £549,125, with a potential rental value of £2,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £486,367, with a rental value of £2,084 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Norman Way, Colchester has fallen by £4,970 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £48 (2.1%). The property's estimated gross yield is currently 5.1%.
Plot Size
15, Norman Way, Colchester occupies a 426 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
15, Norman Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Norman Way, Colchester last changed hands on 1st May 2024, selling for £520,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 18.5% since May 2024.
- Sold May 2024£520,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 880 metres of 15, Norman Way, Colchester across the last 2 years.
Most recently, 3, Mossfield Close, Colchester, CO3 3RG, a freehold house, sold at £550,000 on the 20th January 2025.
Read more about house prices in CO3.
- Sold Jan 2025£550,000 | 4 Bed House3, Mossfield Close, Colchester, CO3 3RG3, Mossfield Close, Colchester, CO3 3RG
- Sold Dec 2022£705,000 | 4 Bed House8, Mossfield Close, Colchester, CO3 3RG8, Mossfield Close, Colchester, CO3 3RG
- Sold Oct 2019£545,000 | 4 Bed House5, Mossfield Close, Colchester, CO3 3RG5, Mossfield Close, Colchester, CO3 3RG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Norman Way, Colchester as the largest and the most expensive of the 19 addresses on Norman Way, Colchester, CO3.
Against the CO3 postcode district average, it is £145k more expensive than the typical property.
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Schools Nearby
- 1.0kmHamilton Primary School
- 1.2kmPrettygate Junior School
- 1.2kmPrettygate Infant School
- 300mSt Benedict's Catholic College
- 300mColchester County High School for Girls
- 800mPhilip Morant School and College
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 15, Norman Way, Colchester at 1.9 kilometres away.
- 1.9kmColchester
- 2.0kmColchester Town
- 3.6kmHythe (Essex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
