3, Castleward Close
3, Castleward Close
Description & Estimates
3, Castleward Close, Colchester is recorded publicly as a mid-century freehold house across 1,033 ft2 of internal area, sitting on a 237 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Castleward Close, Colchester is £360,547 and its rental estimate is £1,506 per month, given the available information and assuming reasonable condition.
Castleward Close, Wivenhoe, Colchester, CO7 falls within the CO7 postal district, in the borough of Colchester.
Our Data Sources
3, Castleward Close, Colchester has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated March 2020.
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 3, Castleward Close, Colchester, we estimate a market value of £378,574 and a rental value of £1,581 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £335,308 and £1,401 per month respectively.
Recent Market Change
Over the last year, 3, Castleward Close, Colchester has seen its estimated sale value decline by £2,460 (0.7%) and its estimated rental value climb by £33 per month (2.2%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 3, Castleward Close, Colchester as measuring 237 m2.
That makes it the 11th largest plot in the postcode, where all 13 other houses have recorded plot data.
Energy Efficiency
3, Castleward Close, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Castleward Close, Colchester completed on 24th July 2020 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.7% over the period since July 2020.
- Sold Jul 2020£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Castleward Close, Colchester have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th February 2023, was 4, Castleward Close, Colchester, CO7 9NT, a freehold house which sold for £370,000.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Castleward Close, Wivenhoe, Colchester, CO7, 3, Castleward Close, Colchester comes out as the 12th largest and the 13th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the CO7 district.
More reading links
Schools Nearby
- 400mMillfields Primary School
- 1.3kmBroomgrove Infant School
- 1.3kmBroomgrove Junior School
- 4.4kmThe Thomas Lord Audley School
- 4.5kmColchester Academy
- 5.7kmColne Community School
More reading links
Public Transport Nearby
From 3, Castleward Close, Colchester, the nearest station is Wivenhoe, 600 metres away.
- 600mWivenhoe
- 2.2kmAlresford (Essex)
- 4.0kmHythe (Essex)
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.
