2 Colchester Road

    2, COLCHESTER ROAD, BURES, CO8 5AE

    This semi-detached freehold property on Colchester Road last sold in November 2021 for £230,000. Based on price growth in the CO8 district since then, its estimated current value is £223,155 — placing it in the 30th percentile nationally and the 3rd percentile within CO8. The property covers 58 m² (624 sq ft), giving an estimated value of £3,848 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £230,000

    Nov 2021

    Estimated Valuation

    £223,155

    Est. £/sq ft

    £357/sq ft

    £3,848/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2021

    £230,000

    5 Sept 1997

    £49,950

    Key Metrics

    Estimated valuation£223,155
    Value per sq ft / m²£357/sq ft (£3,848/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO8 district percentile3rd percentile
    National percentile30th percentile

    District Context — CO8

    CO8 covers the Colchester area and its surrounding villages in north Essex. It is a long-established residential and commuter area with a mix of urban and rural character.

    Average Property Price - CO8

    £495,679

    80

    National percentile

    Average Net Household Income - CO8

    £43,050

    70

    National percentile

    10-Year Annualised Price Growth - CO8

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO8

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