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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
According to the public record, 17, Weavers Close, Colchester is a mid-century freehold house with 990 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Weavers Close, Colchester is £374,849 and the estimated rental value is £1,899 per month.
Weavers Close, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
17, Weavers Close, Colchester has 3 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated December 2022.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Weavers Close, Colchester is in very good condition we estimate a sale value of £393,591 and a rental value of £1,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,610 and a rental value of £1,766 per month.
Over the last 12 months the sale value of 17 Weavers Close Colchester has decreased by an estimated £1,284 (0.3%) and its rental value has increased by an estimated £41 per month (2.2%), giving an expected gross yield of 6.1%.
17, Weavers Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, Weavers Close, Colchester was last sold on 28th February 2023 for £430,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2023, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Weavers Close, Colchester within a radius of 590 metres over the last 2 years.
The most recent example is 34, Worthington Way, Colchester, CO3 4LA, a freehold house which sold for £385,000 on the 23rd August 2024.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weavers Close, Colchester, CO3 has a total of 14 addresses. According to our analysis of all the public data, 17, Weavers Close, Colchester is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in CO3.
The closest station to 17, Weavers Close, Colchester is Colchester Town station which is 3.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 17, Weavers Close, Colchester, 44.3% of property is privately owned outright and 41.8% is privately owned with a mortgage.
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 17, Weavers Close, Colchester, 22.0% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Weavers Close, Colchester, the average age was 45.6 and the most common age was 52.
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 17, Weavers Close, Colchester, 1.3% 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 17, Weavers Close, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
