4 Shears Court Shears Crescent

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

    This flat/maisonette leasehold property on Shears Crescent last sold in November 2024 for £377,000. Based on price growth in the CO5 district since then, its estimated current value is £383,037 — placing it in the 65th percentile nationally and the 49th percentile within CO5. The property covers 73 m² (786 sq ft), giving an estimated value of £5,247 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £377,000

    Nov 2024

    Estimated Valuation

    £383,037

    Est. £/sq ft

    £487/sq ft

    £5,247/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2015
    WallsCavity wall, filled cavity
    HeatingElectric underfloor heating

    Transaction History

    12 Nov 2024

    £377,000

    7 Jan 2016

    £270,000

    Key Metrics

    Estimated valuation£383,037
    Value per sq ft / m²£487/sq ft (£5,247/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile49th percentile
    National percentile65th 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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