The Grist Mill Spring Lane

    THE GRIST MILL, SPRING LANE, COLCHESTER, CO3 4AR

    This detached freehold property on Spring Lane last sold in January 2015 for £500,000. Based on price growth in the CO3 district since then, its estimated current value is £657,300 — placing it in the 89th percentile nationally and the 91st percentile within CO3. The property covers 279 m² (3,003 sq ft), giving an estimated value of £2,356 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,003 sq ft

    279 m²

    Last Sale Price

    £500,000

    Jan 2015

    Estimated Valuation

    £657,300

    Est. £/sq ft

    £219/sq ft

    £2,356/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area3,003 sq ft (279 m²)
    EPC dateJan 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingGround source heat pump, underfloor, electric

    Transaction History

    30 Jan 2015

    £500,000

    Key Metrics

    Estimated valuation£657,300
    Value per sq ft / m²£219/sq ft (£2,356/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile91st percentile
    National percentile89th percentile

    District Context — CO3

    CO3 covers the Colchester area in Essex, positioned in the southeast of England with good road and rail links to London and the wider region. It is a mixed community blending suburban residential neighbourhoods with a historic town centre, appealing to families, commuters, and professionals.

    Average Property Price - CO3

    £391,510

    66

    National percentile

    Average Net Household Income - CO3

    £47,296

    82

    National percentile

    10-Year Annualised Price Growth - CO3

    3.0%

    29

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO3

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