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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Wakefield Close, Colchester is £444,653 and the estimated rental value is £1,831 per month.
Wakefield Close, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
18, Wakefield Close, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 18, Wakefield Close, Colchester is in very good condition we estimate a sale value of £466,885 and a rental value of £1,922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,527 and a rental value of £1,703 per month.
Over the last 12 months the sale value of 18 Wakefield Close Colchester has decreased by an estimated £2,301 (0.5%) and its rental value has increased by an estimated £37 per month (2.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 18, Wakefield Close, Colchester sits on a plot of 191m2.
We have plot size data on 34 out of 34 other houses in the postcode and 18, Wakefield Close, Colchester sits on the 34th largest plot.
18, Wakefield Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2015.
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, 18, Wakefield Close, Colchester was last sold on 7th June 2004 for £164,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Wakefield Close, Colchester within a radius of 570 metres over the last 2 years.
The most recent example is 76, Roman Road, Colchester, CO1 1UP, a freehold house which sold for £290,000 on the 25th August 2023.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Close, Colchester, CO1 has a total of 34 addresses. According to our analysis of all the public data, 18, Wakefield Close, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in CO1.
The closest station to 18, Wakefield Close, Colchester is Colchester Town station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 18, Wakefield Close, Colchester, 61.7% of property is privately owned outright and 26.7% 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 18, Wakefield Close, Colchester, 13.1% of residents are recorded as possessing school level qualifications and 35.2% 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 18, Wakefield Close, Colchester, the average age was 40 and the most common age was 27.
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 18, Wakefield Close, Colchester, 2.0% 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 18, Wakefield Close, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.