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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
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The public record describes 2B Wick Terrace, Wick Road, Colchester as a mid-century apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2B Wick Terrace, Wick Road, Colchester has an estimated sale value of £184,474 and an estimated rental value of £911 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Wick Road, Langham, Colchester, CO4.
Wick Road, Langham, Colchester, CO4 lies in the borough of Colchester, within the CO4 postal district.
2B Wick Terrace, Wick Road, Colchester has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 2B Wick Terrace, Wick Road, Colchester would be worth £193,697, with a potential rental value of £956 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £171,561, with a rental value of £847 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2B Wick Terrace, Wick Road, Colchester has moved down by £789 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (3.2%). The property's estimated gross yield is currently 5.9%.
2B Wick Terrace, Wick Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.2 kilometres of 2B Wick Terrace, Wick Road, Colchester across the last 2 years.
Most recently, 11, Forge Court, Colchester, CO7 7WL, a leasehold flat, sold at £180,125 on the 23rd September 2024.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2B Wick Terrace, Wick Road, Colchester as the 73rd largest and the 79th most expensive of the 84 addresses on Wick Road, Langham, Colchester, CO4.
Against the CO4 postcode district average, it is £128k less expensive than the typical property.
Colchester station is the nearest stop to 2B Wick Terrace, Wick Road, Colchester at 6.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2B Wick Terrace, Wick Road, Colchester, 54.7% of property is privately owned outright and 32.6% 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 2B Wick Terrace, Wick Road, Colchester, 17.6% of residents are recorded as possessing school level qualifications and 35.5% 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 2B Wick Terrace, Wick Road, Colchester, the average age was 44.7 and the most common age was 52.
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 2B Wick Terrace, Wick Road, Colchester, 1.4% 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 2B Wick Terrace, Wick Road, Colchester, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
