5, Reed Walk
5, Reed Walk
Description & Estimates
The public record describes 5, Reed Walk, Colchester as a modern house with 914 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Reed Walk, Colchester has an estimated sale value of £314,721 and an estimated rental value of £1,465 per month, assuming reasonable condition and based on the information available.
Reed Walk, Colchester, CO1 lies in the borough of Colchester, within the CO1 postal district.
Our Data Sources
5, 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
In very good condition, we estimate 5, Reed Walk, Colchester would be worth £330,457, with a potential rental value of £1,538 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £292,690, with a rental value of £1,362 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Reed Walk, Colchester has fallen by £3,276 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (1.8%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
5, Reed Walk, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 750 metres of 5, Reed Walk, Colchester across the last 2 years.
Most recently, 25, River Bank Walk, Colchester, CO1 1QJ, a freehold house, sold at £270,000 on the 11th December 2024.
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
Our analysis of the public data ranks 5, Reed Walk, Colchester as the 7th largest and the 7th most expensive of the 21 addresses on Reed Walk, Colchester, CO1.
Against the CO1 postcode district average, it is £81k more expensive than the typical property.
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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
Colchester station is the nearest stop to 5, Reed Walk, Colchester at 1.2 kilometres away.
- 1.2kmColchester
- 1.2kmColchester Town
- 1.8kmHythe (Essex)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
