2 The Paddock Oakwood Avenue

    2 THE PADDOCK, OAKWOOD AVENUE, WEST MERSEA, COLCHESTER, CO5 8EW

    This detached freehold property on Oakwood Avenue last sold in August 2021 for £490,000. Based on price growth in the CO5 district since then, its estimated current value is £495,282 — placing it in the 78th percentile nationally and the 75th percentile within CO5. The property covers 124 m² (1,335 sq ft), giving an estimated value of £3,994 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £490,000

    Aug 2021

    Estimated Valuation

    £495,282

    Est. £/sq ft

    £371/sq ft

    £3,994/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,335 sq ft (124 m²)
    EPC dateJan 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    20 Aug 2021

    £490,000

    18 May 2018

    £390,000

    Key Metrics

    Estimated valuation£495,282
    Value per sq ft / m²£371/sq ft (£3,994/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile75th percentile
    National percentile78th 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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