24 Water Lane

    24, WATER LANE, BURES, CO8 5DE

    This detached freehold property on Water Lane last sold in June 2023 for £271,000. Based on price growth in the CO8 district since then, its estimated current value is £294,668 — placing it in the 48th percentile nationally and the 14th percentile within CO8. The property covers 78 m² (840 sq ft), giving an estimated value of £3,778 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £271,000

    Jun 2023

    Estimated Valuation

    £294,668

    Est. £/sq ft

    £351/sq ft

    £3,778/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    30 Jun 2023

    £271,000

    Key Metrics

    Estimated valuation£294,668
    Value per sq ft / m²£351/sq ft (£3,778/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO8 district percentile14th percentile
    National percentile48th 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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