Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Wakefield Close, Colchester is a mid-century freehold house with 1,237 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Wakefield Close, Colchester is £426,137 and the estimated rental value is £1,755 per month.
Wakefield Close, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
5, Wakefield Close, Colchester has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that 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.
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 5, Wakefield Close, Colchester is in very good condition we estimate a sale value of £447,443 and a rental value of £1,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,307 and a rental value of £1,632 per month.
Over the last 12 months the sale value of 5 Wakefield Close Colchester has decreased by an estimated £2,205 (0.5%) and its rental value has increased by an estimated £35 per month (2.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 5, Wakefield Close, Colchester sits on a plot of 383m2.
We have plot size data on 34 out of 34 other houses in the postcode and 5, Wakefield Close, Colchester sits on the 7th largest plot.
5, Wakefield Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Wakefield Close, Colchester was last sold on 8th February 2016 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2016, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wakefield Close, Colchester within a radius of 590 metres over the last 2 years.
The most recent example is 29, Worcester Road, Colchester, CO1 2RH, a freehold house which sold for £380,000 on the 16th March 2022.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Close, Colchester, CO1 has a total of 34 addresses. According to our analysis of all the public data, 5, Wakefield Close, Colchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £193k more expensive than the average property in CO1.
The closest station to 5, Wakefield Close, Colchester is Colchester Town station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Wakefield Close, Colchester, 61.7% of property is privately owned outright and 26.7% 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 5, Wakefield Close, Colchester, 13.1% of residents are recorded as possessing school level qualifications and 35.2% 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 5, Wakefield Close, Colchester, the average age was 40 and the most common age was 27.
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 5, Wakefield Close, Colchester, 2.0% 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 5, Wakefield Close, Colchester, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
