7, Discovery Way
7, Discovery Way
Description & Estimates
According to the public record, 7, Discovery Way, Colchester is a modern house with 1,108 ft2 of internal area.
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 7, Discovery Way, Colchester is £436,803 and the estimated rental value is £1,638 per month.
Discovery Way, Langham, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
Our Data Sources
7, Discovery Way, Colchester has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
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
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 7, Discovery Way, Colchester is in very good condition we estimate a sale value of £458,643 and a rental value of £1,720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,227 and a rental value of £1,523 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Discovery Way, Colchester has declined by £4,418 (1.0%), while its estimated rental value has climbed by £38 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Energy Efficiency
7, Discovery Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Discovery Way, Colchester within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 9, Discovery Way, Colchester, CO4 5JD, a freehold house which sold for £424,995 on the 22nd August 2023.
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
Discovery Way, Langham, Colchester, CO4 has a total of 22 addresses. According to our analysis of all the public data, 7, Discovery Way, Colchester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in CO4.
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Schools Nearby
- 100mLangham Primary Academy
- 2.4kmBoxted St Peter's Church of England School
- 3.2kmStratford St Mary Primary School
- 4.1kmThe Trinity School
- 4.1kmThe Gilberd School
- 5.9kmColchester Academy
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Public Transport Nearby
The closest station to 7, Discovery Way, Colchester is Colchester station, which is 6.4 kilometres away.
- 6.4kmColchester
- 6.6kmManningtree
- 7.0kmHythe (Essex)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
