2, Reed Walk
2, Reed Walk
Description & Estimates
According to the public record, 2, Reed Walk, Colchester is a modern Leasehold apartment with 732 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, Reed Walk, Colchester is £209,214 and the estimated rental value is £1,074 per month.
Reed Walk, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
2, Reed Walk, Colchester has a single entry in the Land Registry from June 2010 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, Reed Walk, Colchester is in very good condition we estimate a sale value of £219,675 and a rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,569 and a rental value of £999 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Reed Walk, Colchester has increased by £199 (0.1%), while its estimated rental value has grown by £29 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
2, Reed Walk, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jun 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Reed Walk, Colchester was last sold on 30th June 2010 for £149,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2010, the market for similar properties has dropped by 3.2%.
- Sold Jun 2010£149,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reed Walk, Colchester within a radius of 760 metres over the last 2 years.
The most recent example is Flat 5, Blueprint House 21, Arclight Way, Colchester, CO1 1GY, a leasehold flat which sold for £200,000 on the 22nd November 2024.
Read more about house prices in CO1.
- Sold Nov 2024£200,000 | 2 Bed FlatBlueprint House 21, Arclight WayFlat 5, Blueprint House 21, Arclight Way, Colchester, CO1 1GY
- Sold Sep 2024£219,500 | 2 Bed FlatBlueprint House 21, Arclight WayFlat 11, Blueprint House 21, Arclight Way, Colchester, CO1 1GY
- Sold Feb 2022£250,000 | 2 Bed FlatReed Walk18, Reed Walk, Colchester, CO1 1QE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Reed Walk, Colchester, CO1 has a total of 21 addresses. According to our analysis of all the public data, 2, Reed Walk, Colchester is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in CO1.
More reading links
Schools Nearby
- 600mSt James the Great Church of England Primary School
- 900mSt Thomas More's Catholic Primary School, Colchester
- 1.0kmWillow Brook Primary School and Nursery
- 1.5kmSt Helena School
- 1.9kmColchester Royal Grammar School
- 2.0kmColchester Academy
More reading links
Public Transport Nearby
The closest station to 2, Reed Walk, Colchester is Colchester station, which is 1.2 kilometres away.
- 1.2kmColchester
- 1.2kmColchester Town
- 1.8kmHythe (Essex)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
