Cherry Tree Cottage Park Lane

    CHERRY TREE COTTAGE, PARK LANE, LANGHAM, COLCHESTER, CO4 5NN

    This detached freehold property on Park Lane last sold in November 2019 for £310,000. Based on price growth in the CO4 district since then, its estimated current value is £382,086 — placing it in the 65th percentile nationally and the 69th percentile within CO4. The property covers 75 m² (807 sq ft), giving an estimated value of £5,094 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £310,000

    Nov 2019

    Estimated Valuation

    £382,086

    Est. £/sq ft

    £473/sq ft

    £5,094/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateMar 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Nov 2019

    £310,000

    Key Metrics

    Estimated valuation£382,086
    Value per sq ft / m²£473/sq ft (£5,094/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile69th percentile
    National percentile65th percentile

    District Context — CO4

    CO4 covers the Colchester area in Essex, positioned in the southeast of England. It is a mixed residential and commuter district with a blend of urban and suburban character, serving both local families and those working further afield.

    Average Property Price - CO4

    £347,292

    55

    National percentile

    Average Net Household Income - CO4

    £34,873

    31

    National percentile

    10-Year Annualised Price Growth - CO4

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO4

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