8, Echelon Walk
8, Echelon Walk
Description & Estimates
8, Echelon Walk, Colchester is recorded publicly as a modern freehold house across 1,722 ft2 of internal area, sitting on a 291 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Echelon Walk, Colchester is £557,997 and its rental estimate is £2,003 per month, given the available information and assuming reasonable condition.
Echelon Walk, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
8, Echelon Walk, Colchester has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated May 2019.
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.
Price Range & Condition
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 8, Echelon Walk, Colchester, we estimate a market value of £585,897 and a rental value of £2,103 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £518,937 and £1,863 per month respectively.
Recent Market Change
Over the last year, 8, Echelon Walk, Colchester has seen its estimated sale value decline by £6,383 (1.1%) and its estimated rental value climb by £52 per month (2.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 8, Echelon Walk, Colchester as measuring 291 m2.
That makes it the 13th largest plot in the postcode, where 46 of the 62 other houses have recorded plot data.
Energy Efficiency
8, Echelon Walk, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Echelon Walk, Colchester completed on 24th June 2019 at £474,995 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 13.2% over the period since June 2019.
- Sold Jun 2019£474,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Echelon Walk, Colchester have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 1, Wentworth Avenue, Colchester, CO4 6BB, a freehold house which sold for £535,000.
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
Of the 74 addresses on Echelon Walk, Colchester, CO4, 8, Echelon Walk, Colchester comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £245k more expensive than the average property across the CO4 district.
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Schools Nearby
- 300mCamulos Academy
- 600mMyland Community Primary School
- 1.2kmQueen Boudica Primary School
- 1.2kmThe Trinity School
- 1.3kmThe Gilberd School
- 2.6kmSt Helena School
More reading links
Public Transport Nearby
From 8, Echelon Walk, Colchester, the nearest station is Colchester, 1.9 kilometres away.
- 1.9kmColchester
- 3.5kmColchester Town
- 4.1kmHythe (Essex)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
