5, Francis Way
5, Francis Way
Description & Estimates
5, Francis Way, Colchester is recorded publicly as a mid-century leasehold apartment across 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 5, Francis Way, Colchester is £100,136 and its rental estimate is £639 per month, given the available information and assuming reasonable condition.
Francis Way, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
5, Francis Way, Colchester has 2 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated July 2024.
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
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 5, Francis Way, Colchester, we estimate a market value of £105,143 and a rental value of £671 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,126 and £594 per month respectively.
Recent Market Change
Over the last year, 5, Francis Way, Colchester has seen its estimated sale value increase by £479 (0.5%) and its estimated rental value grow by £25 per month (3.9%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
5, Francis Way, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Francis Way, Colchester completed on 21st November 2014 at £87,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 68.5% over the period since November 2014.
- Sold Nov 2014£87,500
- Sold Jun 2007£59,500
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 5, Francis Way, Colchester have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2022, was 13, Francis Way, Colchester, CO4 3DZ, a leasehold flat which sold for £99,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Francis Way, Colchester, CO4, 5, Francis Way, Colchester comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £213k less expensive than the average property across the CO4 district.
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Schools Nearby
- 200mParsons Heath Church of England Voluntary Controlled Primary School
- 500mRoach Vale Primary School
- 500mFriars Grove Primary School
- 800mColchester Academy
- 2.0kmThe Gilberd School
- 2.1kmThe Trinity School
More reading links
Public Transport Nearby
From 5, Francis Way, Colchester, the nearest station is Hythe (Essex), 1.7 kilometres away.
- 1.7kmHythe (Essex)
- 2.5kmColchester Town
- 2.7kmColchester
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 very low, based on Environment Agency data.
