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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record lists 3, Alan Way, Colchester as a freehold house sitting on a 446 m2 plot.
Comparison with its neighbours suggests a mid-century house with 999 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
3, Alan Way, Colchester has an estimated sale value of £367,955 and an estimated rental value of £1,872 per month, assuming reasonable condition and based on the information available.
Alan Way, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
3, Alan Way, Colchester has a single entry in the Land Registry from November 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 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 3, Alan Way, Colchester would be worth £386,352, with a potential rental value of £1,965 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £342,198, with a rental value of £1,741 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Alan Way, Colchester has dropped by £3,292 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £41 (2.2%). The property's estimated gross yield is currently 6.1%.
3, Alan Way, Colchester occupies a 446 m2 plot as recorded by HM Land Registry.
Of the 34 other houses in this postcode, 27 have recorded plot sizes, and this one ranks as the 4th largest.
3, Alan Way, Colchester last changed hands on 1st November 2007, selling for £215,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 54.3% since November 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 3, Alan Way, Colchester across the last 2 years.
Most recently, 34, Worthington Way, Colchester, CO3 4LA, a freehold house, sold at £385,000 on the 23rd August 2024.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Alan Way, Colchester as the 17th largest and the 22nd most expensive of the 62 addresses on Alan Way, Colchester, CO3.
Against the CO3 postcode district average, it is £10k less expensive than the typical property.
Colchester Town station is the nearest stop to 3, Alan Way, Colchester at 3.3 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Alan Way, Colchester, 49.2% of property is privately owned outright and 37.5% 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 3, Alan Way, Colchester, 18.0% of residents are recorded as possessing school level qualifications and 33.2% 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 3, Alan Way, Colchester, the average age was 45.6 and the most common age was 52.
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 3, Alan Way, 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 3, Alan Way, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
