40 Water Lane

    40, WATER LANE, BURES, CO8 5DE

    This semi-detached freehold property on Water Lane last sold in July 2023 for £238,000. Based on price growth in the CO8 district since then, its estimated current value is £260,399 — placing it in the 40th percentile nationally and the 6th percentile within CO8. The property covers 67 m² (721 sq ft), giving an estimated value of £3,887 per m². The EPC rating is F, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £238,000

    Jul 2023

    Estimated Valuation

    £260,399

    Est. £/sq ft

    £361/sq ft

    £3,887/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateOct 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2023

    £238,000

    Key Metrics

    Estimated valuation£260,399
    Value per sq ft / m²£361/sq ft (£3,887/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO8 district percentile6th percentile
    National percentile40th 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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