16, Well Side
16, Well Side
Description & Estimates
16, Well Side, Colchester is recorded publicly as a mid-century freehold house across 656 ft2 of internal area, sitting on a 243 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16, Well Side, Colchester is £262,211 and its rental estimate is £1,260 per month, given the available information and assuming reasonable condition.
Well Side, Marks Tey, Colchester, CO6 falls within the CO6 postal district, in the borough of Colchester.
Our Data Sources
16, Well Side, Colchester has 31 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated October 2016.
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 16, Well Side, Colchester, we estimate a market value of £275,322 and a rental value of £1,322 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,856 and £1,171 per month respectively.
Recent Market Change
Over the last year, 16, Well Side, Colchester has seen its estimated sale value decrease by £5,875 (2.2%) and its estimated rental value grow by £23 per month (1.8%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 16, Well Side, Colchester as measuring 243 m2.
That makes it the 14th largest plot in the postcode, where all 20 other houses have recorded plot data.
Energy Efficiency
16, Well Side, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Well Side, Colchester completed on 14th July 2017 at £232,000 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 15.1% over the period since July 2017.
- Sold Jul 2017£232,000
- Sold Dec 2010£160,000
- Sold Dec 2001£92,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Well Side, Colchester have sold within a radius of 2.8 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 Apr 2022£275,000 | 2 Bed House87, Godmans Lane, Colchester, CO6 1XA87, Godmans Lane, Colchester, CO6 1XA
- Sold Oct 2020£260,000 | 2 Bed House4, Well Side, Colchester, CO6 1XG4, Well Side, Colchester, CO6 1XG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Well Side, Marks Tey, Colchester, CO6, 16, Well Side, Colchester comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the CO6 district.
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Schools Nearby
- 300mSt Andrew's Church of England Primary Academy, Marks Tey
- 2.2kmCopford Church of England Voluntary Controlled Primary School
- 3.0kmGreat Tey Church of England Voluntary Controlled Primary School
- 5.2kmThe Stanway School
- 5.2kmHonywood School
- 6.4kmThurstable School
More reading links
Public Transport Nearby
From 16, Well Side, Colchester, the nearest station is Marks Tey, 1.3 kilometres away.
- 1.3kmMarks Tey
- 5.5kmChappel & Wakes Colne
- 5.9kmKelvedon
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.
