3, Discovery Way
3, Discovery Way
Description & Estimates
Public records show 3, Discovery Way, Colchester to be a modern freehold house with 861 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Discovery Way, Colchester has an estimated sale value of £382,317 and an estimated rental value of £1,473 per month, assuming reasonable condition and based on the information available.
Discovery Way, Langham, Colchester, CO4 lies in the borough of Colchester, within the CO4 postal district.
Our Data Sources
3, Discovery Way, Colchester has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated February 2023.
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
In very good condition, we estimate 3, Discovery Way, Colchester would be worth £401,432, with a potential rental value of £1,546 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £355,554, with a rental value of £1,369 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Discovery Way, Colchester has fallen by £4,489 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £27 (1.8%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
3, Discovery Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
3, Discovery Way, Colchester last changed hands on 22nd September 2023, selling for £374,995. 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 dropped by 22.1% since September 2023.
- Sold Sep 2023£374,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.3 kilometres of 3, Discovery Way, Colchester across the last 2 years.
Most recently, 8, Discovery Way, Colchester, CO4 5JD, a freehold house, sold at £349,995 on the 30th June 2023.
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
Our analysis of the public data ranks 3, Discovery Way, Colchester as the 22nd largest and the 16th most expensive of the 22 addresses on Discovery Way, Langham, Colchester, CO4.
Against the CO4 postcode district average, it is £70k more expensive than the typical property.
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Schools Nearby
- 100mLangham Primary Academy
- 2.4kmBoxted St Peter's Church of England School
- 3.2kmStratford St Mary Primary School
- 4.1kmThe Trinity School
- 4.1kmThe Gilberd School
- 5.9kmColchester Academy
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 3, Discovery Way, Colchester at 6.4 kilometres away.
- 6.4kmColchester
- 6.6kmManningtree
- 7.0kmHythe (Essex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
