3, Lancaster Way
3, Lancaster Way
Description & Estimates
3, Lancaster Way, Colchester is recorded publicly as a modern freehold house across 861 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Lancaster Way, Colchester is £299,297 and its rental estimate is £1,443 per month, given the available information and assuming reasonable condition.
Lancaster Way, Elmstead, Colchester, CO7 falls within the CO7 postal district, in the borough of Tendring.
Our Data Sources
3, Lancaster Way, Colchester has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Lancaster Way, Colchester, we estimate a market value of £314,261 and a rental value of £1,515 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £278,346 and £1,342 per month respectively.
Recent Market Change
Over the last year, 3, Lancaster Way, Colchester has seen its estimated sale value decline by £2,042 (0.7%) and its estimated rental value climb by £32 per month (2.2%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
3, Lancaster Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Lancaster Way, Colchester completed on 11th March 2022 at £290,000 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 dropped by 2.2% over the period since March 2022.
- Sold Mar 2022£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Lancaster Way, Colchester have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2026, was 43, Meadow Close, Colchester, CO7 7HR, a freehold house which sold for £380,000.
Read more about house prices in CO7.
- Sold Feb 2026£380,000 | 3 Bed House43, Meadow Close, Colchester, CO7 7HR43, Meadow Close, Colchester, CO7 7HR
- Sold Mar 2022£290,000 | 3 Bed House2, Lancaster Way, Colchester, CO7 7WW2, Lancaster Way, Colchester, CO7 7WW
- Sold Mar 2022£295,000 | 3 Bed House4, Lancaster Way, Colchester, CO7 7WW4, Lancaster Way, Colchester, CO7 7WW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Lancaster Way, Elmstead, Colchester, CO7, 3, Lancaster Way, Colchester comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the CO7 district.
More reading links
Schools Nearby
- 300mElmstead Primary School
- 2.7kmBroomgrove Infant School
- 2.7kmBroomgrove Junior School
- 3.4kmColchester Academy
- 5.9kmThe Gilberd School
- 5.9kmThe Trinity School
More reading links
Public Transport Nearby
From 3, Lancaster Way, Colchester, the nearest station is Alresford (Essex), 3.4 kilometres away.
- 3.4kmAlresford (Essex)
- 3.7kmWivenhoe
- 4.0kmHythe (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
