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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
Public records show 40, Bobbits Way, Colchester to be a mid-century freehold house with 718 ft2 of internal area, sitting on a 234 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Bobbits Way, Colchester has an estimated sale value of £290,765 and an estimated rental value of £1,296 per month, assuming reasonable condition and based on the information available.
Bobbits Way, Wivenhoe, Colchester, CO7 lies in the borough of Colchester, within the CO7 postal district.
40, Bobbits Way, Colchester has 31 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 40, Bobbits Way, Colchester would be worth £305,304, with a potential rental value of £1,361 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £270,412, with a rental value of £1,205 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Bobbits Way, Colchester has fallen by £1,984 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (2.2%). The property's estimated gross yield is currently 5.3%.
40, Bobbits Way, Colchester occupies a 234 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 41 have recorded plot sizes, and this one ranks as the 31st largest.
40, Bobbits Way, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Mar 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
40, Bobbits Way, Colchester last changed hands on 7th September 2016, selling for £235,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 23.0% since September 2016.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 40, Bobbits Way, Colchester across the last 2 years.
Most recently, 30, Bobbits Way, Colchester, CO7 9NJ, a freehold house, sold at £340,000 on the 30th June 2023.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Bobbits Way, Colchester as the 41st largest and the 42nd most expensive of the 51 addresses on Bobbits Way, Wivenhoe, Colchester, CO7.
Against the CO7 postcode district average, it is £105k less expensive than the typical property.
Wivenhoe station is the nearest stop to 40, Bobbits Way, Colchester at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Bobbits Way, Colchester, 54.9% of property is privately owned outright and 37.5% is privately owned with a mortgage.
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 40, Bobbits Way, Colchester, 15.1% of residents are recorded as possessing school level qualifications and 45.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Bobbits Way, Colchester, the average age was 41 and the most common age was 17.
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 40, Bobbits Way, Colchester, 1.5% 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 40, Bobbits Way, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
