Silver Springs Lower Road

    SILVER SPRINGS, LOWER ROAD, PELDON, COLCHESTER, CO5 7PR

    This detached freehold property on Lower Road last sold in July 2023 for £440,000. Based on price growth in the CO5 district since then, its estimated current value is £421,480 — placing it in the 70th percentile nationally and the 59th percentile within CO5. The property covers 91 m² (980 sq ft), giving an estimated value of £4,632 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £440,000

    Jul 2023

    Estimated Valuation

    £421,480

    Est. £/sq ft

    £430/sq ft

    £4,632/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateFeb 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    17 Jul 2023

    £440,000

    Key Metrics

    Estimated valuation£421,480
    Value per sq ft / m²£430/sq ft (£4,632/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile59th percentile
    National percentile70th 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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