38, Pegasus Way
38, Pegasus Way
Description & Estimates
According to the public record, 38, Pegasus Way, Colchester is a mid-century freehold house with 861 ft2 of internal area and sits on a 479 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Pegasus Way, Colchester is £312,838 and the estimated rental value is £1,421 per month.
Pegasus Way, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
Our Data Sources
38, Pegasus Way, Colchester has 31 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated March 2020.
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.
Price Range & Condition
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 38, Pegasus Way, Colchester is in very good condition we estimate a sale value of £328,479 and a rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,939 and a rental value of £1,322 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Pegasus Way, Colchester has decreased by £3,673 (1.2%), while its estimated rental value has grown by £26 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 38, Pegasus Way, Colchester sits on a plot of 479 m2.
We have plot size data on 26 out of 28 other houses in the postcode and 38, Pegasus Way, Colchester sits on the 2nd largest plot.
Energy Efficiency
38, Pegasus Way, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 38, Pegasus Way, Colchester was last sold on 12th July 2021 for £304,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2021, the market for similar properties has risen by 2.4%.
- Sold Jul 2021£304,000
- Sold Jun 2020£245,000
- Sold Aug 1999£86,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Pegasus Way, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 40, Upland Drive, Colchester, CO4 0PZ, a freehold house which sold for £287,000 on the 28th March 2025.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Pegasus Way, Colchester, CO4 has a total of 28 addresses. According to our analysis of all the public data, 38, Pegasus Way, Colchester is the 25th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £83 more expensive than the average property in CO4.
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Schools Nearby
- 300mFriars Grove Primary School
- 400mWillow Brook Primary School and Nursery
- 700mParsons Heath Church of England Voluntary Controlled Primary School
- 1.1kmColchester Academy
- 1.8kmThe Gilberd School
- 1.8kmThe Trinity School
More reading links
Public Transport Nearby
The closest station to 38, Pegasus Way, Colchester is Hythe (Essex) station, which is 1.6 kilometres away.
- 1.6kmHythe (Essex)
- 2.2kmColchester Town
- 2.3kmColchester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
