3 Shears Court Shears Crescent

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

    This flat/maisonette leasehold property on Shears Crescent last sold in December 2019 for £415,000. Based on price growth in the CO5 district since then, its estimated current value is £483,757 — placing it in the 77th percentile nationally and the 72nd percentile within CO5. The property covers 77 m² (829 sq ft), giving an estimated value of £6,283 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £415,000

    Dec 2019

    Estimated Valuation

    £483,757

    Est. £/sq ft

    £584/sq ft

    £6,283/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateAug 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Dec 2019

    £415,000

    16 Oct 2014

    £287,000

    21 Aug 1998

    £74,000

    Key Metrics

    Estimated valuation£483,757
    Value per sq ft / m²£584/sq ft (£6,283/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile72nd percentile
    National percentile77th 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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