24, Ripple Way
24, Ripple Way
Description & Estimates
24, Ripple Way, Colchester appears in the public record as a freehold house sitting on a 212 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 942 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 24, Ripple Way, Colchester is £333,664 and its rental estimate is £1,476 per month, given the available information and assuming reasonable condition.
Ripple Way, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
24, Ripple Way, Colchester has 31 entries in the Land Registry , most recently in February 2007 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 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 24, Ripple Way, Colchester, we estimate a market value of £350,347 and a rental value of £1,549 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £310,307 and £1,372 per month respectively.
Recent Market Change
Over the last year, 24, Ripple Way, Colchester has seen its estimated sale value decrease by £3,918 (1.2%) and its estimated rental value grow by £27 per month (1.8%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 24, Ripple Way, Colchester as measuring 212 m2.
That makes it the 7th largest plot in the postcode, where all 11 other houses have recorded plot data.
Sold Prices
The most recent sale of 24, Ripple Way, Colchester completed on 16th February 2007 at £197,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 67.1% over the period since February 2007.
- Sold Feb 2007£197,500
- Sold Aug 1999£80,000
- Sold Jan 1997£56,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Ripple Way, Colchester have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2024, was 61, Broadlands Way, Colchester, CO4 0AR, a freehold house which sold for £287,500.
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
Of the 11 addresses on Ripple Way, Colchester, CO4, 24, Ripple Way, Colchester comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the CO4 district.
More reading links
Schools Nearby
- 400mWillow Brook Primary School and Nursery
- 700mSt James the Great Church of England Primary School
- 800mFriars Grove Primary School
- 1.5kmColchester Academy
- 2.0kmThe Gilberd School
- 2.0kmSt Helena School
More reading links
Public Transport Nearby
From 24, Ripple Way, Colchester, the nearest station is Hythe (Essex), 1.5 kilometres away.
- 1.5kmHythe (Essex)
- 1.5kmColchester Town
- 1.7kmColchester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
