33, Saffron Way
33, Saffron Way
Description & Estimates
33, Saffron Way, Colchester is recorded publicly as a mid-century freehold house across 431 ft2 of internal area, sitting on a 210 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 33, Saffron Way, Colchester is £216,505 and its rental estimate is £1,037 per month, given the available information and assuming reasonable condition.
Saffron Way, Tiptree, Colchester, CO5 falls within the CO5 postal district, in the borough of Colchester.
Our Data Sources
33, Saffron Way, Colchester has a single entry in the Land Registry from June 2011 and a single entry in the EPC database dated December 2010.
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 33, Saffron Way, Colchester, we estimate a market value of £227,330 and a rental value of £1,089 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,349 and £965 per month respectively.
Recent Market Change
Over the last year, 33, Saffron Way, Colchester has seen its estimated sale value decline by £3,867 (1.8%) and its estimated rental value climb by £20 per month (1.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 33, Saffron Way, Colchester as measuring 210 m2.
That makes it the 13th largest plot in the postcode, where 37 of the 46 other houses have recorded plot data.
Energy Efficiency
33, Saffron Way, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Dec 2010.
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 33, Saffron Way, Colchester completed on 13th June 2011 at £170,000 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 risen by 81.9% over the period since June 2011.
- Sold Jun 2011£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 33, Saffron Way, Colchester have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2011, was 3, Saffron Way, Colchester, CO5 0AX, a freehold house which sold for £170,000.
Read more about house prices in CO5.
- Sold Mar 2011£170,000 | 2 Bed House3, Saffron Way, Colchester, CO5 0AX3, Saffron Way, Colchester, CO5 0AX
- Sold Aug 2009£41,000 | 2 Bed House17, Caxton Close, Colchester, CO5 0HA17, Caxton Close, Colchester, CO5 0HA
- Sold Oct 2007£100,000 | 2 Bed House38, Glebe Road, Colchester, CO5 0TD38, Glebe Road, Colchester, CO5 0TD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 55 addresses on Saffron Way, Tiptree, Colchester, CO5, 33, Saffron Way, Colchester comes out as the 53rd largest and the 54th most expensive in our analysis of the public data.
It is also £203k less expensive than the average property across the CO5 district.
More reading links
Schools Nearby
- 400mSt Luke's Church of England Controlled Primary School
- 500mTiptree Heath Primary School
- 1.1kmMilldene Primary School
- 1.2kmThurstable School
- 7.6kmLift New Rickstones
- 7.8kmLift Maltings
More reading links
Public Transport Nearby
From 33, Saffron Way, Colchester, the nearest station is Kelvedon, 4.6 kilometres away.
- 4.6kmKelvedon
- 7.3kmWitham
- 8.5kmMarks Tey
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.
