5 New Cottages Colchester Road

    5 NEW COTTAGES, COLCHESTER ROAD, WAKES COLNE, COLCHESTER, CO6 2BY

    This semi-detached freehold property on Colchester Road last sold in February 2019 for £300,000. Based on price growth in the CO6 district since then, its estimated current value is £350,314 — placing it in the 59th percentile nationally and the 38th percentile within CO6. The property covers 74 m² (797 sq ft), giving an estimated value of £4,734 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £300,000

    Feb 2019

    Estimated Valuation

    £350,314

    Est. £/sq ft

    £440/sq ft

    £4,734/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateDec 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    1 Feb 2019

    £300,000

    3 May 2013

    £207,500

    31 May 2007

    £218,000

    26 Apr 2002

    New build

    £95,000

    Key Metrics

    Estimated valuation£350,314
    Value per sq ft / m²£440/sq ft (£4,734/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO6 district percentile38th percentile
    National percentile59th percentile

    District Context — CO6

    CO6 covers Colchester and the surrounding area in Essex, positioned in the eastern part of the county. It is a diverse community blending urban amenities with semi-rural neighbourhoods, appealing to families, commuters, and those seeking a balance between town and countryside.

    Average Property Price - CO6

    £453,728

    75

    National percentile

    Average Net Household Income - CO6

    £46,009

    79

    National percentile

    10-Year Annualised Price Growth - CO6

    2.8%

    22

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO6

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