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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
55, Walnut Tree Way, Colchester is recorded publicly as a mid-century freehold house across 861 ft2 of internal area, sitting on a 184 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 55, Walnut Tree Way, Colchester is £296,345 and its rental estimate is £1,503 per month, given the available information and assuming reasonable condition.
Walnut Tree Way, Tiptree, Colchester, CO5 falls within the CO5 postal district, in the borough of Colchester.
55, Walnut Tree Way, Colchester has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated July 2015.
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.
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 55, Walnut Tree Way, Colchester, we estimate a market value of £311,162 and a rental value of £1,579 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £275,601 and £1,398 per month respectively.
Over the last year, 55, Walnut Tree Way, Colchester has seen its estimated sale value fall by £4,643 (1.6%) and its estimated rental value move up by £32 per month (2.2%). This results in an estimated gross rental yield of 6.1%.
HM Land Registry records the plot of land for 55, Walnut Tree Way, Colchester as measuring 184 m2.
That makes it the 20th largest plot in the postcode, where 20 of the 29 other houses have recorded plot data.
55, Walnut Tree Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 55, Walnut Tree Way, Colchester completed on 17th April 2007 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 100.9% over the period since April 2007.
Over the past 2 years 3 properties similar to 55, Walnut Tree Way, Colchester have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2024, was 49, Walnut Tree Way, Colchester, CO5 0NL, a freehold house which sold for £290,000.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 85 addresses on Walnut Tree Way, Tiptree, Colchester, CO5, 55, Walnut Tree Way, Colchester comes out as the 43rd largest and the 46th most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the CO5 district.
From 55, Walnut Tree Way, Colchester, the nearest station is Kelvedon, 3.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 55, Walnut Tree Way, Colchester, 35.1% of property is socially rented and 23.4% is privately owned outright.
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 55, Walnut Tree Way, Colchester, 23.0% of residents are recorded as possessing school level qualifications and 20.2% 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 55, Walnut Tree Way, Colchester, the average age was 45.8 and the most common age was 72.
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 55, Walnut Tree Way, Colchester, 0.0% 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 55, Walnut Tree Way, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
