18 Michael Wright Way

    18, MICHAEL WRIGHT WAY, GREAT BENTLEY, COLCHESTER, CO7 8GH

    This detached freehold property on Michael Wright Way last sold in December 2023 for £455,000. Based on price growth in the CO7 district since then, its estimated current value is £451,538 — placing it in the 74th percentile nationally and the 72nd percentile within CO7. The property covers 80 m² (861 sq ft), giving an estimated value of £5,644 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £455,000

    Dec 2023

    Estimated Valuation

    £451,538

    Est. £/sq ft

    £524/sq ft

    £5,644/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area861 sq ft (80 m²)
    EPC dateFeb 2023
    WallsAverage thermal transmittance 0.21 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    £455,000

    6 Aug 2021

    New build

    £455,000

    Key Metrics

    Estimated valuation£451,538
    Value per sq ft / m²£524/sq ft (£5,644/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO7 district percentile72nd percentile
    National percentile74th percentile

    District Context — CO7

    CO7 covers Colchester and the surrounding areas in north Essex, positioned between London and the Suffolk coast. It is a diverse community with strong historical roots, popular with families and professionals seeking accessible connections to London.

    Average Property Price - CO7

    £389,719

    65

    National percentile

    Average Net Household Income - CO7

    £43,573

    72

    National percentile

    10-Year Annualised Price Growth - CO7

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO7

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