Bankside Mill Lane

    BANKSIDE, MILL LANE, POLSTEAD, COLCHESTER, CO6 5AB

    This detached freehold property on Mill Lane last sold in May 2021 for £450,000. Based on price growth in the CO6 district since then, its estimated current value is £488,648 — placing it in the 78th percentile nationally and the 66th percentile within CO6. The property covers 106 m² (1,141 sq ft), giving an estimated value of £4,610 per m². The EPC rating is F, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £450,000

    May 2021

    Estimated Valuation

    £488,648

    Est. £/sq ft

    £428/sq ft

    £4,610/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialA
    Floor area1,141 sq ft (106 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    17 May 2021

    £450,000

    Key Metrics

    Estimated valuation£488,648
    Value per sq ft / m²£428/sq ft (£4,610/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO6 district percentile66th percentile
    National percentile78th 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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