Bromans Cottage Bromans Lane

    BROMANS COTTAGE, BROMANS LANE, EAST MERSEA, COLCHESTER, CO5 8UE

    This detached freehold property on Bromans Lane last sold in November 2018 for £740,000. Based on price growth in the CO5 district since then, its estimated current value is £828,520 — placing it in the 93rd percentile nationally and the 96th percentile within CO5. The property covers 110 m² (1,184 sq ft), giving an estimated value of £7,532 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £740,000

    Nov 2018

    Estimated Valuation

    £828,520

    Est. £/sq ft

    £700/sq ft

    £7,532/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateJul 2012
    WallsSolid brick, as built, partial insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    16 Nov 2018

    £740,000

    10 Jun 2015

    £490,000

    Key Metrics

    Estimated valuation£828,520
    Value per sq ft / m²£700/sq ft (£7,532/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile96th percentile
    National percentile93rd 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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