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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, Francis Way, Colchester is a mid-century house with 979 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 2, Francis Way, Colchester is £295,058 and the estimated rental value is £1,437 per month.
Francis Way, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
2, Francis Way, Colchester has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
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, Francis Way, Colchester is in very good condition we estimate a sale value of £309,811 and a rental value of £1,509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,404 and a rental value of £1,337 per month.
Over the last 12 months the sale value of 2 Francis Way Colchester has decreased by an estimated £3,465 (1.2%) and its rental value has increased by an estimated £26 per month (1.8%), giving an expected gross yield of 5.8%.
2, Francis Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Francis Way, Colchester within a radius of 590 metres over the last 2 years.
The most recent example is 3, Chaplin Drive, Colchester, CO4 3EA, a freehold house which sold for £285,500 on the 1st November 2024.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Francis Way, Colchester, CO4 has a total of 29 addresses. According to our analysis of all the public data, 2, Francis Way, Colchester is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in CO4.
The closest station to 2, Francis Way, Colchester is Hythe (Essex) station which is 1.7 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, Francis Way, Colchester, 40.7% of property is privately owned outright and 22.0% 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, Francis Way, Colchester, 13.9% of residents are recorded as possessing school level qualifications and 14.6% 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, Francis Way, Colchester, the average age was 43 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 2, Francis Way, Colchester, 0.0% 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, Francis 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.
