31, George Williams Way
31, George Williams Way
Description & Estimates
31, George Williams Way, Colchester is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 31, George Williams Way, Colchester is £139,716 and its rental estimate is £886 per month, given the available information and assuming reasonable condition.
George Williams Way, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
Our Data Sources
31, George Williams Way, Colchester has 31 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated August 2024.
We combine this information with that 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 31, George Williams Way, Colchester, we estimate a market value of £146,701 and a rental value of £930 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £129,936 and £824 per month respectively.
Recent Market Change
Over the last year, 31, George Williams Way, Colchester has seen its estimated sale value increase by £133 (0.1%) and its estimated rental value grow by £24 per month (2.7%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
31, George Williams Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 31, George Williams Way, Colchester completed on 13th December 2018 at £132,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 1.6% over the period since December 2018.
- Sold Dec 2018£132,000
- Sold Jul 2010£83,000
- Sold May 2003£97,369
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 31, George Williams Way, Colchester have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 33, Nicholsons Grove, Colchester, CO1 2XS, a leasehold flat which sold for £138,000.
Read more about house prices in CO1.
- Sold Nov 2024£138,000 | 2 Bed Flat33, Nicholsons Grove, Colchester, CO1 2XS33, Nicholsons Grove, Colchester, CO1 2XS
- Sold Sep 2022£160,000 | 2 Bed Flat45, George Williams Way, Colchester, CO1 2JP45, George Williams Way, Colchester, CO1 2JP
- Sold Sep 2022£125,000 | 2 Bed Flat103, George Williams Way, Colchester, CO1 2JP103, George Williams Way, Colchester, CO1 2JP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 188 addresses on George Williams Way, Colchester, CO1, 31, George Williams Way, Colchester comes out as the 153rd largest and the 181st most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the CO1 district.
More reading links
Schools Nearby
- 300mSt Thomas More's Catholic Primary School, Colchester
- 700mSt James the Great Church of England Primary School
- 700mSt John's Green Primary School
- 1.6kmColchester Royal Grammar School
- 1.8kmSt Helena School
- 2.0kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
From 31, George Williams Way, Colchester, the nearest station is Colchester Town, 400 metres away.
- 400mColchester Town
- 1.2kmHythe (Essex)
- 1.9kmColchester
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.
