3, Well Side
3, Well Side
Description & Estimates
3, Well Side, Colchester is described in the public record as a mid-century house with 925 ft2 of internal area, sitting on a 322 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Well Side, Colchester is £321,048 and its rental estimate is £1,496 per month, given the available information and assuming reasonable condition.
Well Side, Marks Tey, Colchester, CO6 falls within the CO6 postal district, in the borough of Colchester.
Our Data Sources
3, Well Side, Colchester has no records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Well Side, Colchester, we estimate a market value of £337,101 and a rental value of £1,570 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £298,575 and £1,391 per month respectively.
Recent Market Change
Over the last year, 3, Well Side, Colchester has seen its estimated sale value decline by £6,751 (2.1%) and its estimated rental value climb by £31 per month (2.0%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 3, Well Side, Colchester as measuring 322 m2.
That makes it the 6th largest plot in the postcode, where all 20 other houses have recorded plot data.
Energy Efficiency
3, Well Side, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Well Side, Colchester have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th March 2024, was 81, Godmans Lane, Colchester, CO6 1NQ, a freehold house which sold for £260,000.
Read more about house prices in CO6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Well Side, Marks Tey, Colchester, CO6, 3, Well Side, Colchester comes out as the 6th largest and the 10th most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the CO6 district.
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Schools Nearby
- 300mSt Andrew's Church of England Primary Academy, Marks Tey
- 2.2kmCopford Church of England Voluntary Controlled Primary School
- 3.0kmGreat Tey Church of England Voluntary Controlled Primary School
- 5.2kmThe Stanway School
- 5.2kmHonywood School
- 6.4kmThurstable School
More reading links
Public Transport Nearby
From 3, Well Side, Colchester, the nearest station is Marks Tey, 1.3 kilometres away.
- 1.3kmMarks Tey
- 5.5kmChappel & Wakes Colne
- 5.9kmKelvedon
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.
