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According to the public record, 54, Wellesley Road, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,212 ft2 of internal area and sits on a 455 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, Wellesley Road, Colchester is £511,429 and the estimated rental value is £1,967 per month.
Wellesley Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
54, Wellesley Road, Colchester has a single entry in the Land Registry from December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 54, Wellesley Road, Colchester is in very good condition we estimate a sale value of £537,001 and a rental value of £2,065 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,629 and a rental value of £1,829 per month.
Over the last 12 months the sale value of 54 Wellesley Road Colchester has decreased by an estimated £4,861 (1.0%) and its rental value has increased by an estimated £42 per month (2.1%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 54, Wellesley Road, Colchester sits on a plot of 455m2.
We have plot size data on 10 out of 23 other houses in the postcode and 54, Wellesley Road, Colchester sits on the 3rd largest plot.
According to HM Land Registry, 54, Wellesley Road, Colchester was last sold on 12th December 2008 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2008, the market for similar properties has risen 101.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Wellesley Road, Colchester within a radius of 440 metres over the last 2 years.
The most recent example is 46, Wellesley Road, Colchester, CO3 3HF, a freehold house which sold for £420,000 on the 7th February 2025.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellesley Road, Colchester, CO3 has a total of 64 addresses. According to our analysis of all the public data, 54, Wellesley Road, Colchester is the 34th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in CO3.
The closest station to 54, Wellesley Road, Colchester is Colchester Town station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 54, Wellesley Road, Colchester, 55.8% of property is privately rented and 22.5% 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 54, Wellesley Road, Colchester, 16.9% of residents are recorded as possessing school level qualifications and 48.5% 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 54, Wellesley Road, Colchester, the average age was 37.4 and the most common age was 47.
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 54, Wellesley Road, Colchester, 0.4% 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 54, Wellesley Road, Colchester, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.