Greenways, Colchester
Greenways, Colchester
Description & Estimates
Public records show Greenways, Colchester to be a mid-century freehold house with 1,959 ft2 of internal area, sitting on a 2,755 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Greenways, Colchester has an estimated sale value of £804,604 and an estimated rental value of £3,400 per month, assuming reasonable condition and based on the information available.
Layer Road, Kingsford, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
Greenways, Colchester has 41 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Greenways, Colchester would be worth £844,834, with a potential rental value of £3,570 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £748,281, with a rental value of £3,162 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Greenways, Colchester has decreased by £6,375 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £90 (2.6%). The property's estimated gross yield is currently 5.1%.
Plot Size
Greenways, Colchester occupies a 2,755 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
Greenways, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Greenways, Colchester last changed hands on 18th November 2022, selling for £1,200,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 51.2% since November 2022.
- Sold Nov 2022£1,200,000
- Sold Dec 2011£799,950
- Sold Jan 2002£398,900
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of Greenways, Colchester across the last 2 years.
Most recently, Kingsland Farm, Layer Road, Colchester, CO2 0HS, a freehold house, sold at £650,000 on the 8th April 2024.
Read more about house prices in CO2.
- Sold Apr 2024£650,000 | 5 Bed HouseKingsland Farm, Layer Road, Colchester, CO2 0HSKingsland Farm, Layer Road, Colchester, CO2 0HS
- Sold Sep 2023£555,000 | 5 Bed House66, James Ward Road, Colchester, CO2 9FU66, James Ward Road, Colchester, CO2 9FU
- Sold Sep 2023£715,000 | 5 Bed House63, James Ward Road, Colchester, CO2 9FU63, James Ward Road, Colchester, CO2 9FU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Greenways, Colchester as the 17th largest and the 13th most expensive of the 270 addresses on Layer Road, Kingsford, Colchester, CO2.
Against the CO2 postcode district average, it is £522k more expensive than the typical property.
More reading links
Schools Nearby
- 800mSt Michael's Primary School and Nursery, Colchester
- 1.2kmMontgomery Primary School, Colchester
- 1.4kmGosbecks Primary School
- 1.4kmPaxman Academy
- 2.4kmPhilip Morant School and College
- 2.6kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
Colchester Town station is the nearest stop to Greenways, Colchester at 3.9 kilometres away.
- 3.9kmColchester Town
- 4.9kmColchester
- 5.0kmHythe (Essex)
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
