3 Cambridge Way

    3, CAMBRIDGE WAY, BURES, CO8 5BG

    This detached freehold property on Cambridge Way last sold in September 2024 for £400,000. Based on price growth in the CO8 district since then, its estimated current value is £514,721 — placing it in the 80th percentile nationally and the 59th percentile within CO8. The property covers 78 m² (840 sq ft), giving an estimated value of £6,599 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £400,000

    Sept 2024

    Estimated Valuation

    £514,721

    Est. £/sq ft

    £613/sq ft

    £6,599/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Sept 2024

    £400,000

    1 Aug 2018

    £310,000

    14 Aug 2012

    £190,000

    Key Metrics

    Estimated valuation£514,721
    Value per sq ft / m²£613/sq ft (£6,599/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO8 district percentile59th percentile
    National percentile80th 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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