24, Luard Way
24, Luard Way
Description & Estimates
24, Luard Way, Colchester is recorded publicly as a mid-century freehold house across 818 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 24, Luard Way, Colchester is £267,191 and its rental estimate is £1,474 per month, given the available information and assuming reasonable condition.
Luard Way, Birch, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
24, Luard Way, Colchester has 41 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 24, Luard Way, Colchester, we estimate a market value of £280,551 and a rental value of £1,548 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £248,488 and £1,371 per month respectively.
Recent Market Change
Over the last year, 24, Luard Way, Colchester has seen its estimated sale value decrease by £3,631 (1.4%) and its estimated rental value grow by £31 per month (2.1%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
24, Luard Way, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of 24, Luard Way, Colchester completed on 9th November 2012 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 34.0% over the period since November 2012.
- Sold Nov 2012£160,000
- Sold Dec 2007£150,000
- Sold Apr 2004£129,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Luard Way, Colchester have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 36, Luard Way, Colchester, CO2 0LR, a freehold house which sold for £295,000.
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 29 addresses on Luard Way, Birch, Colchester, CO2, 24, Luard Way, Colchester comes out as the 23rd largest and the 23rd most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the CO2 district.
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Schools Nearby
- 800mBirch Church of England Voluntary Aided Primary School
- 2.7kmLayer-de-la-Haye Church of England Voluntary Controlled Primary School
- 4.1kmCopford Church of England Voluntary Controlled Primary School
- 5.2kmThurstable School
- 5.2kmPaxman Academy
- 5.3kmThe Stanway School
More reading links
Public Transport Nearby
From 24, Luard Way, Colchester, the nearest station is Marks Tey, 5.5 kilometres away.
- 5.5kmMarks Tey
- 8.0kmKelvedon
- 8.0kmColchester Town
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.
