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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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2, Kingsway, Colchester is recorded publicly as a mid-century freehold house across 635 ft2 of internal area, sitting on a 298 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Kingsway, Colchester is £301,203 and its rental estimate is £1,283 per month, given the available information and assuming reasonable condition.
Kingsway, Tiptree, Colchester, CO5 falls within the CO5 postal district, in the borough of Colchester.
2, Kingsway, Colchester has a single entry in the Land Registry from April 2011 and a single entry in the EPC database dated February 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Kingsway, Colchester, we estimate a market value of £316,263 and a rental value of £1,347 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,119 and £1,193 per month respectively.
Over the last year, 2, Kingsway, Colchester has seen its estimated sale value decrease by £5,380 (1.8%) and its estimated rental value grow by £25 per month (1.9%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for 2, Kingsway, Colchester as measuring 298 m2.
That makes it the 9th largest plot in the postcode, where 11 of the 16 other houses have recorded plot data.
2, Kingsway, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Kingsway, Colchester completed on 8th April 2011 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 76.1% over the period since April 2011.
Over the past 2 years 3 properties similar to 2, Kingsway, Colchester have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2024, was 5, Kingsway, Colchester, CO5 0LS, a freehold house which sold for £321,000.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Kingsway, Tiptree, Colchester, CO5, 2, Kingsway, Colchester comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the CO5 district.
From 2, Kingsway, Colchester, the nearest station is Kelvedon, 3.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Kingsway, Colchester, 42.9% of property is privately owned outright and 34.3% 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, Kingsway, Colchester, 17.3% of residents are recorded as possessing school level qualifications and 22.4% 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, Kingsway, Colchester, the average age was 45.8 and the most common age was 72.
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, Kingsway, Colchester, 1.6% 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, Kingsway, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
