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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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Public records show 3, Ward Close, Colchester to be a modern freehold house with 914 ft2 of internal area, sitting on a 523 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Ward Close, Colchester has an estimated sale value of £495,742 and an estimated rental value of £1,681 per month, assuming reasonable condition and based on the information available.
Ward Close, Wivenhoe, Colchester, CO7 lies in the borough of Colchester, within the CO7 postal district.
3, Ward Close, Colchester has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 3, Ward Close, Colchester would be worth £520,529, with a potential rental value of £1,765 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £461,040, with a rental value of £1,563 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, Ward Close, Colchester has decreased by £3,383 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (2.2%). The property's estimated gross yield is currently 4.1%.
3, Ward Close, Colchester occupies a 523 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
3, Ward Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Aug 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
3, Ward Close, Colchester last changed hands on 4th September 2015, selling for £340,000. 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 37.0% since September 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 790 metres of 3, Ward Close, Colchester across the last 2 years.
Most recently, 82, Belle Vue Road, Colchester, CO7 9LD, a freehold house, sold at £350,000 on the 25th September 2015.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Ward Close, Colchester as the 2nd largest and the 2nd most expensive of the 4 addresses on Ward Close, Wivenhoe, Colchester, CO7.
Against the CO7 postcode district average, it is £100k more expensive than the typical property.
Wivenhoe station is the nearest stop to 3, Ward Close, Colchester at 800 metres away.
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, Ward Close, Colchester, 59.3% of property is privately owned outright and 31.1% 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, Ward Close, Colchester, 17.3% of residents are recorded as possessing school level qualifications and 57.2% 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, Ward Close, Colchester, the average age was 41 and the most common age was 17.
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, Ward Close, Colchester, 0.7% 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, Ward Close, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
