2, Wesley Avenue
2, Wesley Avenue
Description & Estimates
2, Wesley Avenue, Colchester is recorded publicly as a mid-century freehold house across 602 ft2 of internal area, sitting on a 270 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Wesley Avenue, Colchester is £238,158 and its rental estimate is £1,103 per month, given the available information and assuming reasonable condition.
Wesley Avenue, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
2, Wesley Avenue, Colchester has 21 entries in the Land Registry , most recently in July 2010 and a single entry in the EPC database dated August 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Wesley Avenue, Colchester, we estimate a market value of £250,066 and a rental value of £1,158 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,487 and £1,026 per month respectively.
Recent Market Change
Over the last year, 2, Wesley Avenue, Colchester has seen its estimated sale value fall by £4,670 (2.0%) and its estimated rental value move up by £18 per month (1.6%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 2, Wesley Avenue, Colchester as measuring 270 m2.
That makes it the 30th largest plot in the postcode, where 36 of the 38 other houses have recorded plot data.
Energy Efficiency
2, Wesley Avenue, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Aug 2009.
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, Wesley Avenue, Colchester completed on 30th July 2010 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 84.0% over the period since July 2010.
- Sold Jul 2010£150,000
- Sold Feb 1995£53,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wesley Avenue, Colchester have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 3, Asbury Close, Colchester, CO4 3AX, a freehold house which sold for £280,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 38 addresses on Wesley Avenue, Colchester, CO4, 2, Wesley Avenue, Colchester comes out as the 35th largest and the 34th most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the CO4 district.
More reading links
Schools Nearby
- 500mWillow Brook Primary School and Nursery
- 700mUnity Primary Academy
- 900mHazelmere Junior School
- 900mColchester Academy
- 2.6kmThe Gilberd School
- 2.6kmSt Helena School
More reading links
Public Transport Nearby
From 2, Wesley Avenue, Colchester, the nearest station is Hythe (Essex), 800 metres away.
- 800mHythe (Essex)
- 1.7kmColchester Town
- 2.4kmColchester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
