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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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According to the public record, 2, Arclight Way, Colchester is a modern freehold house with 990 ft2 of internal area and sits on a 337 m2 plot.
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 2, Arclight Way, Colchester is £377,214 and the estimated rental value is £1,582 per month.
Arclight Way, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
2, Arclight Way, Colchester has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that 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 2, Arclight Way, Colchester is in very good condition we estimate a sale value of £396,075 and a rental value of £1,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,809 and a rental value of £1,472 per month.
Over the past 12 months, the estimated sale value of 2, Arclight Way, Colchester has decreased by £3,926 (1.0%), while its estimated rental value has grown by £28 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.0%.
According to data from HM Land Registry, 2, Arclight Way, Colchester sits on a plot of 337 m2.
We have plot size data on 9 out of 25 other houses in the postcode and 2, Arclight Way, Colchester sits on the largest plot.
2, Arclight Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Arclight Way, Colchester was last sold on 30th September 2022 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped by 20.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Arclight Way, Colchester within a radius of 710 metres over the last 2 years.
The most recent example is 12, Arclight Way, Colchester, CO1 1HU, a freehold house which sold for £350,000 on the 9th January 2024.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arclight Way, Colchester, CO1 has a total of 121 addresses. According to our analysis of all the public data, 2, Arclight Way, Colchester is the 30th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in CO1.
The closest station to 2, Arclight Way, Colchester is Colchester station, which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Arclight Way, Colchester, 51.8% of property is privately rented and 18.8% 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 2, Arclight Way, Colchester, 19.3% of residents are recorded as possessing school level qualifications and 41.9% 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 2, Arclight Way, 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 2, Arclight Way, 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 2, Arclight Way, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
