Red Ridges Old School Lane

    RED RIDGES, OLD SCHOOL LANE, ELMSTEAD, COLCHESTER, CO7 7AN

    This detached freehold property on Old School Lane last sold in December 2022 for £450,000. Based on price growth in the CO7 district since then, its estimated current value is £457,245 — placing it in the 75th percentile nationally and the 72nd percentile within CO7. The property covers 110 m² (1,184 sq ft), giving an estimated value of £4,157 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £450,000

    Dec 2022

    Estimated Valuation

    £457,245

    Est. £/sq ft

    £386/sq ft

    £4,157/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateSept 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2022

    £450,000

    23 Jan 2015

    £222,500

    Key Metrics

    Estimated valuation£457,245
    Value per sq ft / m²£386/sq ft (£4,157/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO7 district percentile72nd percentile
    National percentile75th percentile

    District Context — CO7

    CO7 covers Colchester and the surrounding areas in north Essex, positioned between London and the Suffolk coast. It is a diverse community with strong historical roots, popular with families and professionals seeking accessible connections to London.

    Average Property Price - CO7

    £389,719

    65

    National percentile

    Average Net Household Income - CO7

    £43,573

    72

    National percentile

    10-Year Annualised Price Growth - CO7

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO7

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