The Bungalow Mersea Road

    THE BUNGALOW, MERSEA ROAD, PELDON, COLCHESTER, CO5 7QG

    This detached freehold property on Mersea Road last sold in July 2022 for £430,000. Based on price growth in the CO5 district since then, its estimated current value is £405,168 — placing it in the 68th percentile nationally and the 55th percentile within CO5. The property covers 90 m² (969 sq ft), giving an estimated value of £4,502 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £430,000

    Jul 2022

    Estimated Valuation

    £405,168

    Est. £/sq ft

    £418/sq ft

    £4,502/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area969 sq ft (90 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Jul 2022

    £430,000

    Key Metrics

    Estimated valuation£405,168
    Value per sq ft / m²£418/sq ft (£4,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile55th percentile
    National percentile68th percentile

    District Context — CO5

    CO5 covers the Colchester area and surrounding villages in north Essex, situated between London and the East Anglian coast. It is a established residential and commuter district with a mix of family homes, period properties, and newer developments.

    Average Property Price - CO5

    £421,446

    71

    National percentile

    Average Net Household Income - CO5

    £41,952

    66

    National percentile

    10-Year Annualised Price Growth - CO5

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO5

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