Magazine Farm Way, Colchester, CO3
Fenn Wright logo

Magazine Farm Way, Colchester, CO3

By Fenn Wright

£ 325,000

Reviews

3 out of 5 stars

Fenn Wright says ..

** Guide Price £325,000-£350,000 ** Situated on a sought after and quiet road within the popular area of Prettygate is this generously sized two/three bedroom semi-detached bungalow. The property benefits from two shower rooms, utility area, a study, a conservatory to the rear, drivew...

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom bungalow located in Prettygate, Colchester, Essex. The listing price is £325,000. The property appears to be in good condition, with a modern kitchen and bathrooms. The interior is presented well, and the property benefits from a conservatory extension. The exterior is also well-maintained. There is a garden to the rear of the property, which appears to be of a reasonable size. The location is good, with nearby schools (Prettygate Infant School and Prettygate Junior School, both rated ‘Good’ by Ofsted) and transportation links (Colchester train station is approximately 3.46 km away). The area also benefits from a relatively low average price per square foot compared to other areas in Colchester. Considering the condition, location, and apparent size of the garden, the list price of £325,000 seems reasonable. While the average price in the area is slightly higher (£348,914), the property’s condition and proximity to amenities suggest it is fairly priced. The average price per square foot in the area is £356, but without the square footage of the property, a precise comparison cannot be made. However, based on comparable properties in the area, the price appears to be in line with market values.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
8
Land
7
Bedrooms
2
Bathrooms
2
Sqft (est)
996.30
Lot (est)
1,003.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
433,571.00 £
Increased by 10.56 %
from 392,174.00 £
Est sale value
467,264.70 £
Increased by 34.00 %
from 348,705.00 £
Average area rental value
1,800.00 £/mo
Increased by 17.42 %
from 1,533.00 £/mo
Est letting value
996.30 £/mo
Unchanged by 0.00 %
from 996.30 £/mo
Est rental Yield
4.98 %
Increased by 6.18 %
from 4.69 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Fenn Wright marked this listing as sold.

  • Fenn Wright created the listing.

Nearby Schools

NameTypeOfstedDistance
Prettygate Infant SchoolCommunity SchoolGood0.54 KM
Prettygate Junior SchoolCommunity SchoolGood0.54 KM
Philip Morant School And CollegeAcademy Converter0.63 KM
St Benedict'S Catholic CollegeVoluntary Aided SchoolGood0.95 KM
Colchester County High School For GirlsAcademy Converter0.95 KM

Images

Picture No. 08 Picture No. 09 Picture No. 15 Picture No. 06 Picture No. 12 Picture No. 04 Picture No. 05 Picture No. 14 Picture No. 17 Picture No. 19 Picture No. 11 Picture No. 03 Picture No. 10 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Burns Avenue £ 000.00 KM
Greystones Close £ 000.00 KM
Keats Road £ 350,00000.00 KM
Ruth King Close £ 170,00000.00 KM
Browning Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL3.46 KM
Colchester Town6853CET4.21 KM
Hythe (Essex)6851HYH6.71 KM
Marks Tey6863MKT9.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Magazine Farm Way, Colchester, CO3 £ 325,000BUY7 / 100.00 KM
Magazine Farm Way, Colchester £ 475,000BUY7 / 100.03 KM
Van Dyck Road, Colchester £ 425,000BUYUnknown0.05 KM
Magazine Farm Way, Colchester £ 475,000BUY7 / 100.06 KM
Whitefriars Way, Colchester £ 400,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
51 Magazine Farm Way £ 329,9950.06 KM
56 Magazine Farm Way £ 303,0000.06 KM
46a Magazine Farm Way £ 311,2600.06 KM
46 Magazine Farm Way £ 275,0000.06 KM
74 Magazine Farm Way £ 185,0000.06 KM