2, Teal Way
2, Teal Way
Description & Estimates
2, Teal Way, Colchester is described in the public record as a mid-century house with 1,184 ft2 of internal area, sitting on a 343 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Teal Way, Colchester is £436,102 and its rental estimate is £1,711 per month, given the available information and assuming reasonable condition.
Teal Way, Kelvedon, Colchester, CO5 falls within the CO5 postal district, in the borough of Braintree.
Our Data Sources
2, Teal Way, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Teal Way, Colchester, we estimate a market value of £457,907 and a rental value of £1,797 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £405,575 and £1,591 per month respectively.
Recent Market Change
Over the last year, 2, Teal Way, Colchester has seen its estimated sale value decline by £6,833 (1.6%) and its estimated rental value climb by £37 per month (2.2%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 2, Teal Way, Colchester as measuring 343 m2.
That makes it the 6th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
2, Teal Way, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Teal Way, Colchester completed on 31st January 1997 at £105,250 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Jan 1997£105,250
- Sold Apr 1995£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Teal Way, Colchester have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 10, Teal Way, Colchester, CO5 9PP, a freehold house which sold for £450,000.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Teal Way, Kelvedon, Colchester, CO5, 2, Teal Way, Colchester comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £17k more expensive than the average property across the CO5 district.
More reading links
Schools Nearby
- 200mKelvedon St Mary's Church of England Primary Academy
- 1.3kmFeering Church of England Primary School
- 2.8kmMessing Primary School
- 3.4kmThurstable School
- 4.8kmHonywood School
- 5.3kmLift New Rickstones
More reading links
Public Transport Nearby
From 2, Teal Way, Colchester, the nearest station is Kelvedon, 600 metres away.
- 600mKelvedon
- 5.7kmWitham
- 7.3kmMarks Tey
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
