7, Wesley Avenue
7, Wesley Avenue
Description & Estimates
According to the public record, 7, Wesley Avenue, Colchester is a mid-century freehold house with 807 ft2 of internal area and sits on a 340 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Wesley Avenue, Colchester is £283,969 and the estimated rental value is £1,295 per month.
Wesley Avenue, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
Our Data Sources
7, Wesley Avenue, Colchester has 51 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Wesley Avenue, Colchester is in very good condition we estimate a sale value of £298,168 and a rental value of £1,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,091 and a rental value of £1,205 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Wesley Avenue, Colchester has fallen by £3,334 (1.2%), while its estimated rental value has moved up by £24 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 7, Wesley Avenue, Colchester sits on a plot of 340 m2.
We have plot size data on 36 out of 38 other houses in the postcode and 7, Wesley Avenue, Colchester sits on the 13th largest plot.
Energy Efficiency
7, Wesley Avenue, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Wesley Avenue, Colchester was last sold on 31st July 2020 for £280,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since July 2020, the market for similar properties has risen by 30.6%.
- Sold Jul 2020£280,000
- Sold Aug 2016£250,000
- Sold Jul 2008£179,000
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, Wesley Avenue, Colchester within a radius of 530 metres over the last 2 years.
The most recent example is 3, Booth Avenue, Colchester, CO4 3BB, a freehold house which sold for £269,000 on the 1st December 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
Wesley Avenue, Colchester, CO4 has a total of 38 addresses. According to our analysis of all the public data, 7, Wesley Avenue, Colchester is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CO4.
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Schools Nearby
- 500mWillow Brook Primary School and Nursery
- 700mUnity Primary Academy
- 900mHazelmere Junior School
- 900mColchester Academy
- 2.6kmThe Gilberd School
- 2.6kmSt Helena School
More reading links
Public Transport Nearby
The closest station to 7, Wesley Avenue, Colchester is Hythe (Essex) station, which is 800 metres away.
- 800mHythe (Essex)
- 1.7kmColchester Town
- 2.4kmColchester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
