11 Shears Court Shears Crescent

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

    This flat/maisonette leasehold property on Shears Crescent last sold in November 2022 for £445,000. Based on price growth in the CO5 district since then, its estimated current value is £481,306 — placing it in the 77th percentile nationally and the 72nd percentile within CO5. The property covers 70 m² (753 sq ft), giving an estimated value of £6,876 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £445,000

    Nov 2022

    Estimated Valuation

    £481,306

    Est. £/sq ft

    £639/sq ft

    £6,876/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric underfloor heating

    Transaction History

    8 Nov 2022

    £445,000

    5 Aug 2011

    £285,000

    13 Jun 2005

    £215,000

    19 Dec 2003

    £160,000

    Key Metrics

    Estimated valuation£481,306
    Value per sq ft / m²£639/sq ft (£6,876/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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