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According to the public record, 2, Wood View, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,700 ft2 of internal area and sits on a 810 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wood View, Colchester is £645,176 and the estimated rental value is £1,792 per month.
Wood View, Tiptree, Colchester, CO5 is located in the borough of Colchester within the CO5 postal district.
2, Wood View, Colchester has a single entry in the Land Registry from February 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Wood View, Colchester is in very good condition we estimate a sale value of £677,435 and a rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,014 and a rental value of £1,667 per month.
Over the last 12 months the sale value of 2 Wood View Colchester has decreased by an estimated £9,332 (1.4%) and its rental value has increased by an estimated £44 per month (2.5%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 2, Wood View, Colchester sits on a plot of 810m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Wood View, Colchester sits on the 4th largest plot.
According to HM Land Registry, 2, Wood View, Colchester was last sold on 11th February 2010 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2010, the market for similar properties has risen 86.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wood View, Colchester within a radius of 820 metres over the last 2 years.
The most recent example is 38, Honey Lane, Colchester, CO5 0FR, a freehold house which sold for £560,000 on the 21st December 2020.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood View, Tiptree, Colchester, CO5 has a total of 5 addresses. According to our analysis of all the public data, 2, Wood View, Colchester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £226k more expensive than the average property in CO5.
The closest station to 2, Wood View, Colchester is Kelvedon station which is 5.2 kilometres away.
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.
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, Wood View, Colchester, 46.1% of property is privately owned outright and 44.9% is privately owned with a mortgage.
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, Wood View, Colchester, 22.3% of residents are recorded as possessing school level qualifications and 26.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Wood View, Colchester, the average age was 45.8 and the most common age was 72.
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, Wood View, 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, Wood View, Colchester, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.