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According to the public record, 2, Berefield Way, Colchester is a mid-century apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Berefield Way, Colchester is £132,239 and the estimated rental value is £931 per month.
Berefield Way, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
2, Berefield Way, Colchester has no 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 2 out of 5 and is considered of medium 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, Berefield Way, Colchester is in very good condition we estimate a sale value of £138,851 and a rental value of £978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,983 and a rental value of £866 per month.
Over the last 12 months the sale value of 2 Berefield Way Colchester has decreased by an estimated £688 (0.5%) and its rental value has increased by an estimated £28 per month (3.0%), giving an expected gross yield of 8.4%.
2, Berefield Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Berefield Way, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 109, Friday Wood Green, Colchester, CO2 8XF, a leasehold flat which sold for £128,500 on the 21st October 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Berefield Way, Colchester, CO2 has a total of 43 addresses. According to our analysis of all the public data, 2, Berefield Way, Colchester is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in CO2.
The closest station to 2, Berefield Way, Colchester is Colchester Town station which is 2.9 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Berefield Way, Colchester, 42.8% of property is socially rented and 29.3% 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, Berefield Way, Colchester, 27.9% of residents are recorded as possessing school level qualifications and 25.1% 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, Berefield Way, Colchester, the average age was 37.2 and the most common age was 32.
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, Berefield Way, Colchester, 0.4% 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, Berefield Way, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.