4, Lancaster Way
4, Lancaster Way
Description & Estimates
Public records show 4, Lancaster Way, Colchester to be a modern freehold house with 861 ft2 of internal area, sitting on a 193 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Lancaster Way, Colchester has an estimated sale value of £299,297 and an estimated rental value of £1,443 per month, assuming reasonable condition and based on the information available.
Lancaster Way, Elmstead, Colchester, CO7 lies in the borough of Tendring, within the CO7 postal district.
Our Data Sources
4, Lancaster Way, Colchester has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 4, Lancaster Way, Colchester would be worth £314,261, with a potential rental value of £1,515 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £278,346, with a rental value of £1,342 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Lancaster Way, Colchester has declined by £2,042 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (2.2%). The property's estimated gross yield is currently 5.8%.
Plot Size
4, Lancaster Way, Colchester occupies a 193 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
4, Lancaster Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Lancaster Way, Colchester last changed hands on 10th March 2022, selling for £295,000. 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 dropped by 2.2% since March 2022.
- Sold Mar 2022£295,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of 4, Lancaster Way, Colchester across the last 2 years.
Most recently, 43, Meadow Close, Colchester, CO7 7HR, a freehold house, sold at £380,000 on the 23rd February 2026.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Lancaster Way, Colchester as the 2nd largest and the 2nd most expensive of the 5 addresses on Lancaster Way, Elmstead, Colchester, CO7.
Against the CO7 postcode district average, it is £96k less expensive than the typical property.
More reading links
Schools Nearby
- 300mElmstead Primary School
- 2.7kmBroomgrove Infant School
- 2.7kmBroomgrove Junior School
- 3.4kmColchester Academy
- 5.9kmThe Gilberd School
- 5.9kmThe Trinity School
More reading links
Public Transport Nearby
Alresford (Essex) station is the nearest stop to 4, Lancaster Way, Colchester at 3.4 kilometres away.
- 3.4kmAlresford (Essex)
- 3.7kmWivenhoe
- 4.0kmHythe (Essex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
