15, Proctor Way
15, Proctor Way
Description & Estimates
15, Proctor Way, Colchester is recorded publicly as a mid-century freehold house across 592 ft2 of internal area, sitting on a 293 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 15, Proctor Way, Colchester is £274,474 and its rental estimate is £1,223 per month, given the available information and assuming reasonable condition.
Proctor Way, Marks Tey, Colchester, CO6 falls within the CO6 postal district, in the borough of Colchester.
Our Data Sources
15, Proctor Way, Colchester has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Proctor Way, Colchester, we estimate a market value of £288,198 and a rental value of £1,284 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £255,261 and £1,137 per month respectively.
Recent Market Change
Over the last year, 15, Proctor Way, Colchester has seen its estimated sale value decline by £6,149 (2.2%) and its estimated rental value climb by £22 per month (1.8%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 15, Proctor Way, Colchester as measuring 293 m2.
That makes it the 17th largest plot in the postcode, where all 20 other houses have recorded plot data.
Energy Efficiency
15, Proctor Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 15, Proctor Way, Colchester completed on 5th February 2021 at £290,000 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 9.0% over the period since February 2021.
- Sold Feb 2021£290,000
- Sold Aug 2016£270,000
- Sold Mar 1996£57,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Proctor 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 14th November 2024, was 26, Jays Lane, Colchester, CO6 1LR, a freehold house which sold for £300,000.
Read more about house prices in CO6.
- Sold Nov 2024£300,000 | 2 Bed House26, Jays Lane, Colchester, CO6 1LR26, Jays Lane, Colchester, CO6 1LR
- Sold May 2022£350,000 | 2 Bed House28, Keable Road, Colchester, CO6 1XB28, Keable Road, Colchester, CO6 1XB
- Sold Apr 2022£275,000 | 2 Bed House87, Godmans Lane, Colchester, CO6 1XA87, Godmans Lane, Colchester, CO6 1XA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Proctor Way, Marks Tey, Colchester, CO6, 15, Proctor Way, Colchester comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £169k less expensive than the average property across the CO6 district.
More reading links
Schools Nearby
- 300mSt Andrew's Church of England Primary Academy, Marks Tey
- 2.2kmCopford Church of England Voluntary Controlled Primary School
- 3.1kmGreat Tey Church of England Voluntary Controlled Primary School
- 5.2kmThe Stanway School
- 5.3kmHonywood School
- 6.3kmThurstable School
More reading links
Public Transport Nearby
From 15, Proctor Way, Colchester, the nearest station is Marks Tey, 1.4 kilometres away.
- 1.4kmMarks Tey
- 5.7kmChappel & Wakes Colne
- 5.8kmKelvedon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
