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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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Public records show 16, Memorial Way, Colchester to be a modern freehold house with 1,216 ft2 of internal area, sitting on a 257 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Memorial Way, Colchester has an estimated sale value of £434,020 and an estimated rental value of £1,718 per month, assuming reasonable condition and based on the information available.
Memorial Way, Colchester, CO4 lies in the borough of Tendring, within the CO4 postal district.
16, Memorial Way, Colchester has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated March 2020.
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.
In very good condition, we estimate 16, Memorial Way, Colchester would be worth £455,721, with a potential rental value of £1,804 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £403,638, with a rental value of £1,598 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Memorial Way, Colchester has moved down by £4,390 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.3%). The property's estimated gross yield is currently 4.7%.
16, Memorial Way, Colchester occupies a 257 m2 plot as recorded by HM Land Registry.
Of the 36 other houses in this postcode, 32 have recorded plot sizes, and this one ranks as the 24th largest.
16, Memorial Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
16, Memorial Way, Colchester last changed hands on 27th March 2020, selling for £379,995. 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 risen by 1.9% since March 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 16, Memorial Way, Colchester across the last 2 years.
Most recently, 36, Memorial Way, Colchester, CO4 9AU, a freehold house, sold at £500,000 on the 15th December 2023.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Memorial Way, Colchester as the 14th largest and the 14th most expensive of the 36 addresses on Memorial Way, Colchester, CO4.
Against the CO4 postcode district average, it is £121k more expensive than the typical property.
Colchester station is the nearest stop to 16, Memorial Way, Colchester at 3.5 kilometres away.
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 16, Memorial Way, Colchester, % of property is and % is .
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 16, Memorial Way, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, Memorial 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 16, Memorial Way, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
