5 Redmill

    5, REDMILL, COLCHESTER, CO3 4RT

    This detached freehold property on Redmill last sold in July 2018 for £407,500. Based on price growth in the CO3 district since then, its estimated current value is £515,767 — placing it in the 80th percentile nationally and the 82nd percentile within CO3. The property covers 146 m² (1,572 sq ft), giving an estimated value of £3,533 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £407,500

    Jul 2018

    Estimated Valuation

    £515,767

    Est. £/sq ft

    £328/sq ft

    £3,533/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageE
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,572 sq ft (146 m²)
    EPC dateJul 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2018

    £407,500

    Key Metrics

    Estimated valuation£515,767
    Value per sq ft / m²£328/sq ft (£3,533/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile82nd percentile
    National percentile80th 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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