23, Waterside Lane
23, Waterside Lane
Description & Estimates
23, Waterside Lane, Colchester is recorded publicly as a modern leasehold apartment across 1,496 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 23, Waterside Lane, Colchester is £266,282 and its rental estimate is £1,491 per month, given the available information and assuming reasonable condition.
Waterside Lane, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
23, Waterside Lane, Colchester has 2 entries in the Land Registry , most recently in October 2008 and a single entry in the EPC database dated May 2021.
We combine this information with that 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 23, Waterside Lane, Colchester, we estimate a market value of £279,596 and a rental value of £1,566 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,642 and £1,387 per month respectively.
Recent Market Change
Over the last year, 23, Waterside Lane, Colchester has seen its estimated sale value fall by £4,213 (1.6%) and its estimated rental value move up by £33 per month (2.2%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
23, Waterside Lane, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 23, Waterside Lane, Colchester completed on 8th October 2008 at £210,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 53.2% over the period since October 2008.
- Sold Oct 2008£210,000
- Sold Feb 2007£225,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 23, Waterside Lane, Colchester have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th January 2016, was 19, Waterside Lane, Colchester, CO2 8HW, a leasehold flat which sold for £217,000.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 69 addresses on Waterside Lane, Colchester, CO2, 23, Waterside Lane, Colchester comes out as the 4th largest and the 11th most expensive in our analysis of the public data.
It is also £17k less expensive than the average property across the CO2 district.
More reading links
Schools Nearby
- 400mKendall Church of England Primary School
- 800mOld Heath Community Primary School
- 1.3kmSt. George's School
- 1.9kmThe Thomas Lord Audley School
- 2.1kmColchester Academy
- 2.9kmColchester Royal Grammar School
More reading links
Public Transport Nearby
From 23, Waterside Lane, Colchester, the nearest station is Hythe (Essex), 900 metres away.
- 900mHythe (Essex)
- 1.8kmColchester Town
- 3.1kmWivenhoe
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.
