21, Francis Way
21, Francis Way
Description & Estimates
According to the public record, 21, Francis Way, Colchester is a mid-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, Francis Way, Colchester is £101,649 and the estimated rental value is £649 per month.
Francis Way, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
Our Data Sources
21, Francis Way, Colchester has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated September 2016.
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.
Price Range & Condition
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 21, Francis Way, Colchester is in very good condition we estimate a sale value of £106,731 and a rental value of £681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,534 and a rental value of £603 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 21, Francis Way, Colchester has risen by £487 (0.5%), while its estimated rental value has moved up by £25 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
21, Francis Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 21, Francis Way, Colchester was last sold on 9th June 2014 for £177,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has risen by 74.5%.
- Sold Jun 2014£177,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 21, Francis Way, Colchester within a radius of 590 metres over the last 2 years.
The most recent example is 13, Francis Way, Colchester, CO4 3DZ, a leasehold flat which sold for £99,000 on the 4th October 2022.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Francis Way, Colchester, CO4 has a total of 29 addresses. According to our analysis of all the public data, 21, Francis Way, Colchester is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in CO4.
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Schools Nearby
- 200mParsons Heath Church of England Voluntary Controlled Primary School
- 500mRoach Vale Primary School
- 500mFriars Grove Primary School
- 800mColchester Academy
- 2.0kmThe Gilberd School
- 2.1kmThe Trinity School
More reading links
Public Transport Nearby
The closest station to 21, Francis Way, Colchester is Hythe (Essex) station, which is 1.7 kilometres away.
- 1.7kmHythe (Essex)
- 2.5kmColchester Town
- 2.7kmColchester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
