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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Smith Way, Colchester is a modern freehold house with 2,055 ft2 of internal area and sits on a 416 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Smith Way, Colchester is £634,834 and the estimated rental value is £2,186 per month.
Smith Way, Colchester, CO4 is located in the borough of Tendring within the CO4 postal district.
4, Smith Way, Colchester has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated August 2020.
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.
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, Smith Way, Colchester is in very good condition we estimate a sale value of £666,576 and a rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,396 and a rental value of £2,033 per month.
Over the last 12 months the sale value of 4 Smith Way Colchester has decreased by an estimated £7,262 (1.1%) and its rental value has increased by an estimated £57 per month (2.6%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 4, Smith Way, Colchester sits on a plot of 416m2.
We have plot size data on 3 out of 3 other houses in the postcode and 4, Smith Way, Colchester sits on the 3rd largest plot.
4, Smith Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Smith Way, Colchester was last sold on 11th November 2022 for £659,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Smith Way, Colchester within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 15, Memorial Way, Colchester, CO4 9AU, a freehold house which sold for £650,000 on the 27th September 2021.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smith Way, Colchester, CO4 has a total of 3 addresses. According to our analysis of all the public data, 4, Smith Way, Colchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £322k more expensive than the average property in CO4.
The closest station to 4, Smith Way, Colchester is Colchester station which is 3.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Smith Way, Colchester, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Smith Way, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Smith Way, Colchester, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Smith Way, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
