Springfield, Colchester
Springfield, Colchester
Description & Estimates
The public record lists Springfield, Colchester as a freehold house sitting on a 792 m2 plot.
Comparison with its neighbours suggests a modern house with 1,440 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Springfield, Colchester has an estimated sale value of £487,367 and an estimated rental value of £1,955 per month, assuming reasonable condition and based on the information available.
Kelvedon Road, Tiptree, Colchester, CO5 lies in the borough of Colchester, within the CO5 postal district.
Our Data Sources
Springfield, Colchester has a single entry in the Land Registry from June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Springfield, Colchester would be worth £511,735, with a potential rental value of £2,053 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £453,251, with a rental value of £1,818 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 Springfield, Colchester has declined by £7,049 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £48 (2.5%). The property's estimated gross yield is currently 4.8%.
Plot Size
Springfield, Colchester occupies a 792 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 3rd largest.
Sold Prices
Springfield, Colchester last changed hands on 30th June 2021, selling for £658,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.9% since June 2021.
- Sold Jun 2021£658,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 970 metres of Springfield, Colchester across the last 2 years.
Most recently, 91, Oak Road, Colchester, CO5 0NE, a freehold house, sold at £505,000 on the 27th March 2025.
Read more about house prices in CO5.
- Sold Mar 2025£505,000 | 4 Bed House91, Oak Road, Colchester, CO5 0NE91, Oak Road, Colchester, CO5 0NE
- Sold Mar 2025£525,000 | 4 Bed House77, Vine Road, Colchester, CO5 0LT77, Vine Road, Colchester, CO5 0LT
- Sold Dec 2024£514,900 | 4 Bed House14, Meadowsweet Way, Colchester, CO5 0GN14, Meadowsweet Way, Colchester, CO5 0GN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Springfield, Colchester as the 9th largest and the 12th most expensive of the 43 addresses on Kelvedon Road, Tiptree, Colchester, CO5.
Against the CO5 postcode district average, it is £68k more expensive than the typical property.
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Schools Nearby
- 100mBaynards Primary School
- 900mMilldene Primary School
- 1.2kmSt Luke's Church of England Controlled Primary School
- 600mThurstable School
- 7.1kmLift New Rickstones
- 7.3kmHonywood School
More reading links
Public Transport Nearby
Kelvedon station is the nearest stop to Springfield, Colchester at 3.5 kilometres away.
- 3.5kmKelvedon
- 7.1kmWitham
- 7.5kmMarks Tey
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
