4, Oak Tree Place
4, Oak Tree Place
Description & Estimates
According to the public record, 4, Oak Tree Place, Colchester is a modern house with 1,668 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Oak Tree Place, Colchester is £719,946 and the estimated rental value is £2,217 per month.
Oak Tree Place, Elmstead, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
Our Data Sources
4, Oak Tree Place, Colchester has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Oak Tree Place, Colchester is in very good condition we estimate a sale value of £755,943 and a rental value of £2,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £669,549 and a rental value of £2,062 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Oak Tree Place, Colchester has fallen by £3,258 (0.5%), while its estimated rental value has moved up by £57 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Energy Efficiency
4, Oak Tree Place, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Oak Tree Place, Colchester within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 1, Oak Tree Place, Colchester, CO7 7GW, a freehold house which sold for £725,000 on the 6th December 2024.
Read more about house prices in CO7.
- Sold Dec 2024£725,000 | 4 Bed House1, Oak Tree Place, Colchester, CO7 7GW1, Oak Tree Place, Colchester, CO7 7GW
- Sold Sep 2023£705,000 | 4 Bed House5, Oak Tree Place, Colchester, CO7 7GW5, Oak Tree Place, Colchester, CO7 7GW
- Sold Feb 2023£725,000 | 4 Bed House6, Oak Tree Place, Colchester, CO7 7GW6, Oak Tree Place, Colchester, CO7 7GW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oak Tree Place, Elmstead, Colchester, CO7 has a total of 9 addresses. According to our analysis of all the public data, 4, Oak Tree Place, Colchester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £324k more expensive than the average property in CO7.
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Schools Nearby
- 1.6kmElmstead Primary School
- 2.6kmSt George's Church of England Primary School, Great Bromley
- 2.8kmAlresford Primary School
- 5.1kmColchester Academy
- 6.1kmColne Community School
- 7.1kmThe Thomas Lord Audley School
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Public Transport Nearby
The closest station to 4, Oak Tree Place, Colchester is Alresford (Essex) station, which is 2.4 kilometres away.
- 2.4kmAlresford (Essex)
- 4.0kmWivenhoe
- 4.8kmGreat Bentley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
