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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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According to the public record, 3, Wakefield Close, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 757 ft2 of internal area and sits on a 230 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Wakefield Close, Colchester is £314,377 and the estimated rental value is £1,347 per month.
Wakefield Close, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
3, Wakefield Close, Colchester has 2 entries in the Land Registry , most recently in April 2008 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Wakefield Close, Colchester is in very good condition we estimate a sale value of £330,096 and a rental value of £1,414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,371 and a rental value of £1,252 per month.
Over the last 12 months the sale value of 3 Wakefield Close Colchester has decreased by an estimated £2,269 (0.7%) and its rental value has increased by an estimated £25 per month (1.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 3, Wakefield Close, Colchester sits on a plot of 230m2.
We have plot size data on 34 out of 34 other houses in the postcode and 3, Wakefield Close, Colchester sits on the 32nd largest plot.
According to HM Land Registry, 3, Wakefield Close, Colchester was last sold on 18th April 2008 for £196,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2008, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Wakefield Close, Colchester within a radius of 600 metres over the last 2 years.
The most recent example is 28, Wakefield Close, Colchester, CO1 2SD, a freehold house which sold for £330,000 on the 25th November 2024.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Close, Colchester, CO1 has a total of 34 addresses. According to our analysis of all the public data, 3, Wakefield Close, Colchester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in CO1.
The closest station to 3, Wakefield Close, Colchester is Colchester Town station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Wakefield Close, Colchester, 61.7% of property is privately owned outright and 26.7% 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, Wakefield Close, Colchester, 13.1% of residents are recorded as possessing school level qualifications and 35.2% 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, Wakefield Close, Colchester, the average age was 40 and the most common age was 27.
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, Wakefield Close, Colchester, 2.0% 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, Wakefield Close, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
