Flat 2 Mill Road

    FLAT 2, MILL ROAD, WEST MERSEA, COLCHESTER, CO5 8RH

    This detached freehold property on Mill Road last sold in July 2002 for £140,000. Based on price growth in the CO5 district since then, its estimated current value is £354,875 — placing it in the 60th percentile nationally and the 40th percentile within CO5. The property covers 49 m² (527 sq ft), giving an estimated value of £7,242 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £140,000

    Jul 2002

    Estimated Valuation

    £354,875

    Est. £/sq ft

    £673/sq ft

    £7,242/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateFeb 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2002

    £140,000

    Key Metrics

    Estimated valuation£354,875
    Value per sq ft / m²£673/sq ft (£7,242/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile40th percentile
    National percentile60th 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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