Buffett Way, Colchester, Essex

Buffett Way is classified by the ONS as Constrained Neighbourhoods. Buffett Way is in the top 20% of highest crime postcodes (see map). The road is in the top 20% most deprived in the country.

Geography

Buffett Way is located in the Greenstead ward of the Colchester district in Essex.
Coordinates 51.885474, 0.940597
Grid Ref TM024248
Suburb Greenstead
Constituency Colchester
Postcodes CO4 3YL

House Prices

We have no record of house sales in Buffett Way in the last 3 years. Therefore we cannot provide a house price analysis for this road.

Crime in Buffett Way, Essex

There were no street crime incidents recorded by Essex Police in Buffett Way during May 2024.

Crime Deprivation

The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Buffett Way and compared that to the average for the Greenstead ward.

You are more likely to be a victim of personal crime in Buffett Way, when compared to the average EIMD rank for the Greenstead ward

Social economic statistics for Buffett Way

These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Buffett Way is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Buffett Way is in the top 10% of least deprived LSOAs in the country.

Income Deprivation

The Income Deprivation Domain measures the proportion of the population in and around Buffett Way experiencing deprivation relating to low income.
Residents in around Buffett Way are in the top 20% of most income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Buffett Way involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Buffett Way are in the top 20% of the most employment deprived in the country

Health & Disability Deprivation

The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.
Residents in Buffett Way are in the top 20% of the most health & disability deprived in the country

Index of Multiple Deprivation

The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Buffett Way, from outside living quality, housing quality, access to services and crime.
Residents in Buffett Way are in the top 20% of the most deprived in the country

2021 Census for Buffett Way

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Buffett Way.

Unemployment in Buffett Way

The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.
4.08% of Buffett Way residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Buffett Way

The proportion of retirees in a road should give you an indication of the demographics of Buffett Way. The proportion of retirees on Buffett Way is 9.62% lower than the national average of 18.6%.
8.98% of Buffett Way residents were retired during the last census

Home ownership in Buffett Way

The proportion of home owners on Buffett Way is 46.96% lower than the national average of 62%. 32.33% of properties in Buffett Way are private rented and 52.63% are social rented.
15.04% of residents of Buffett Way own their home

Country of Birth of Buffett Way residents

The proportion if Buffett Way residents born in the UK is 14.23% lower than the England national average of 82.65%. 31.58% of Buffett Way residents were born outside the UK.
68.42% of Buffett Way residents were born in the UK

Buffett Way Summary

Buffett Way has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in Buffett Way maybe easier than surrounding areas.

Buffett Way has very high levels of employment deprivation, suggesting that finding work in the local area maybe harder compared to the rest of the country.

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