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According to the public record, 2, Widgery Way, Colchester is a modern freehold house with 1,270 ft2 of internal area and sits on a 366 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Widgery Way, Colchester is £484,618 and the estimated rental value is £1,753 per month.
Widgery Way, Colchester, CO4 is located in the borough of Tendring within the CO4 postal district.
2, Widgery Way, Colchester has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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, Widgery Way, Colchester is in very good condition we estimate a sale value of £508,849 and a rental value of £1,840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,695 and a rental value of £1,630 per month.
Over the last 12 months the sale value of 2 Widgery Way Colchester has decreased by an estimated £4,651 (1.0%) and its rental value has increased by an estimated £36 per month (2.0%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 2, Widgery Way, Colchester sits on a plot of 366m2.
We have plot size data on 10 out of 14 other houses in the postcode and 2, Widgery Way, Colchester sits on the 4th largest plot.
2, Widgery Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Widgery Way, Colchester was last sold on 26th February 2021 for £454,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Widgery Way, Colchester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Memorial Way, Colchester, CO4 9AU, a freehold house which sold for £477,495 on the 19th February 2021.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Widgery Way, Colchester, CO4 has a total of 14 addresses. According to our analysis of all the public data, 2, Widgery Way, Colchester is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in CO4.
The closest station to 2, Widgery Way, Colchester is Colchester station which is 3.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Widgery Way, Colchester, % of property is and % is .
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, Widgery Way, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Widgery Way, Colchester, 0.0% 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, Widgery Way, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.