9 Shears Court Shears Crescent

    9 SHEARS COURT, SHEARS CRESCENT, WEST MERSEA, COLCHESTER, CO5 8DB

    This flat/maisonette leasehold property on Shears Crescent last sold in January 2014 for £249,000. Based on price growth in the CO5 district since then, its estimated current value is £390,086 — placing it in the 66th percentile nationally and the 51st percentile within CO5. The property covers 72 m² (775 sq ft), giving an estimated value of £5,418 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £249,000

    Jan 2014

    Estimated Valuation

    £390,086

    Est. £/sq ft

    £503/sq ft

    £5,418/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateApr 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric underfloor heating

    Transaction History

    31 Jan 2014

    £249,000

    15 Oct 1999

    £83,550

    Key Metrics

    Estimated valuation£390,086
    Value per sq ft / m²£503/sq ft (£5,418/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile51st percentile
    National percentile66th 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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