17, Memorial Way
17, Memorial Way
Description & Estimates
Public records show 17, Memorial Way, Colchester to be a modern freehold house with 1,722 ft2 of internal area, sitting on a 527 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
17, Memorial Way, Colchester has an estimated sale value of £527,329 and an estimated rental value of £2,021 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.
Our Data Sources
17, Memorial Way, Colchester has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated July 2019.
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
In very good condition, we estimate 17, Memorial Way, Colchester would be worth £553,696, with a potential rental value of £2,122 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £490,416, with a rental value of £1,879 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 17, Memorial Way, Colchester has decreased by £6,032 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £53 (2.6%). The property's estimated gross yield is currently 4.6%.
Plot Size
17, Memorial Way, Colchester occupies a 527 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 largest.
Energy Efficiency
17, Memorial Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
17, Memorial Way, Colchester last changed hands on 31st July 2019, selling for £479,995. 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 16.4% since July 2019.
- Sold Jul 2019£479,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 17, Memorial Way, Colchester across the last 2 years.
Most recently, 2, Memorial Way, Colchester, CO4 9AU, a freehold house, sold at £504,995 on the 30th September 2020.
Read more about house prices in CO4.
•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 17, Memorial Way, Colchester as the 6th largest and the 6th most expensive of the 36 addresses on Memorial Way, Colchester, CO4.
Against the CO4 postcode district average, it is £215k more expensive than the typical property.
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Schools Nearby
- 1.1kmSt John's Church of England Voluntary Controlled Primary School, Colchester
- 1.2kmBrinkley Grove Primary School
- 1.5kmHighwoods Community Primary School
- 1.3kmThe Gilberd School
- 1.3kmThe Trinity School
- 2.6kmColchester Academy
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 17, Memorial Way, Colchester at 3.5 kilometres away.
- 3.5kmColchester
- 3.7kmHythe (Essex)
- 4.1kmColchester Town
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
