4, Reed Walk
4, Reed Walk
Description & Estimates
4, Reed Walk, Colchester is described in the public record as a modern house with 914 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Reed Walk, Colchester is £314,721 and its rental estimate is £1,465 per month, given the available information and assuming reasonable condition.
Reed Walk, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
Our Data Sources
4, Reed Walk, Colchester has no records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 4, Reed Walk, Colchester, we estimate a market value of £330,457 and a rental value of £1,538 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £292,690 and £1,362 per month respectively.
Recent Market Change
Over the last year, 4, Reed Walk, Colchester has seen its estimated sale value drop by £3,276 (1.0%) and its estimated rental value rise by £26 per month (1.8%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
4, Reed Walk, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Reed Walk, Colchester have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2024, was 25, River Bank Walk, Colchester, CO1 1QJ, a freehold house which sold for £270,000.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Reed Walk, Colchester, CO1, 4, Reed Walk, Colchester comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £81k more expensive than the average property across the CO1 district.
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Schools Nearby
- 600mSt James the Great Church of England Primary School
- 900mSt Thomas More's Catholic Primary School, Colchester
- 1.0kmWillow Brook Primary School and Nursery
- 1.5kmSt Helena School
- 1.9kmColchester Royal Grammar School
- 2.0kmColchester Academy
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Public Transport Nearby
From 4, Reed Walk, Colchester, the nearest station is Colchester, 1.2 kilometres away.
- 1.2kmColchester
- 1.2kmColchester Town
- 1.8kmHythe (Essex)
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 low, based on Environment Agency data.
