2, Spring Chase
2, Spring Chase
Description & Estimates
Public records show 2, Spring Chase, Colchester to be a period freehold house with 2,346 ft2 of internal area, sitting on a 703 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Spring Chase, Colchester has an estimated sale value of £702,564 and an estimated rental value of £2,338 per month, assuming reasonable condition and based on the information available.
Spring Chase, Brightlingsea, Colchester, CO7 lies in the borough of Tendring, within the CO7 postal district.
Our Data Sources
2, Spring Chase, Colchester has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated May 2019.
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
In very good condition, we estimate 2, Spring Chase, Colchester would be worth £737,692, with a potential rental value of £2,455 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £653,384, with a rental value of £2,174 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Spring Chase, Colchester has declined by £1,635 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £56 (2.4%). The property's estimated gross yield is currently 4.0%.
Plot Size
2, Spring Chase, Colchester occupies a 703 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2, Spring Chase, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 May 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Spring Chase, Colchester last changed hands on 23rd September 2019, selling for £595,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 79.0% since September 2019.
- Sold Sep 2019£595,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 2, Spring Chase, Colchester across the last 2 years.
Most recently, 87, Regent Road, Colchester, CO7 0NN, a freehold house, sold at £635,500 on the 29th June 2021.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Spring Chase, Colchester as the 2nd largest and the 2nd most expensive of the 16 addresses on Spring Chase, Brightlingsea, Colchester, CO7.
Against the CO7 postcode district average, it is £307k more expensive than the typical property.
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Schools Nearby
- 200mBrightlingsea Primary School and Nursery
- 4.3kmAlresford Primary School
- 4.5kmSt Osyth Church of England Primary School
- 700mColne Community School
- 8.4kmLift Clacton
- 9.8kmClacton County High School
More reading links
Public Transport Nearby
Alresford (Essex) station is the nearest stop to 2, Spring Chase, Colchester at 4.7 kilometres away.
- 4.7kmAlresford (Essex)
- 5.2kmGreat Bentley
- 6.5kmWivenhoe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
