Be the first Estate
Agent here!
Redmill is a residential street with 17 addresses.
It ranks as the 209th largest and 400th most expensive of the 461 streets in the CO3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 17 properties: 17 houses.
Redmill is a residential street with 17 addresses.
It ranks as the 209th largest and 400th most expensive of the 461 streets in the CO3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 17 properties: 17 houses.
Sale prices range from £479,293 for 4 bedroom freehold houses with a garden (1,442 ft2) to £682,918 for 5 bedroom freehold houses with a garden (2,249 ft2) .
Monthly rental prices range from £2,176 pcm for 4 bed houses to £2,881 pcm for 5 bed houses.
The gross rental yield is between 5.1% and 5.6%.
The average value per square foot is £319.
The last sale on Redmill sold for £475,000 on 17th February 2025. Since then prices are up an average of 0.3%.
The current average value in the street is £541,526.
The Redmill Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £541,526 |
| April 2025 | 1.9% | £543,197 |
| April 2024 | -3.1% | £533,264 |
| April 2023 | 4.4% | £550,493 |
| April 2022 | 7.6% | £527,385 |
| April 2021 | 7.2% | £490,217 |
| April 2020 | 0.6% | £457,105 |
| April 2019 | 0% | £454,537 |
| April 2018 | 0.2% | £454,573 |
| April 2017 | 10.7% | £453,602 |
| April 2016 | 7.2% | £409,796 |
| April 2015 | 9.8% | £382,391 |
| April 2014 | 7.4% | £348,113 |
| April 2013 | 4% | £324,034 |
| April 2012 | 1.4% | £311,543 |
| April 2011 | 2.7% | £307,161 |
| April 2010 | 5% | £298,969 |
| April 2009 | -12.2% | £284,693 |
| April 2008 | -1% | £324,173 |
| April 2007 | 0% | £327,363 |
The current average rental value in the street is £2,454.
The Redmill Rental Market has increased by 62.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £2,454pcm |
| April 2025 | 7.7% | £2,404pcm |
| April 2024 | 5.9% | £2,232pcm |
| April 2023 | 7.4% | £2,108pcm |
| April 2022 | 8.6% | £1,963pcm |
| April 2021 | 7.4% | £1,807pcm |
| April 2020 | 3.5% | £1,683pcm |
| April 2019 | 1.3% | £1,626pcm |
| April 2018 | 1.4% | £1,605pcm |
| April 2017 | 4.9% | £1,582pcm |
| April 2016 | 3.1% | £1,508pcm |
| April 2015 | 4.4% | £1,462pcm |
| April 2014 | 1.4% | £1,401pcm |
| April 2013 | 4% | £1,382pcm |
| April 2012 | 0.2% | £1,328pcm |
| April 2011 | 2.7% | £1,326pcm |
| April 2010 | 6.2% | £1,291pcm |
| April 2009 | -5.2% | £1,215pcm |
| April 2008 | 0.8% | £1,281pcm |
| April 2007 | 0% | £1,271pcm |
The last sale was on 17th February 2025 for £475,000 and since then the market in the area has increased by 0.3%. The street has had a total of 17 sales since 1995.
Redmill, Colchester, CO3 has seen 1 sale in the last three years and no sales in the last twelve months.
Redmill, Colchester, CO3 is the 209th largest and the 400th most expensive street in the CO3 area.
There is 1 postcode on Redmill, Colchester, CO3.
The closest station to Redmill, Colchester, CO3 is Colchester Town station which is 3.1 kilometres away.
Be the first Estate
Agent here!
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Redmill, Colchester, CO3, 55.5% of property is privately owned outright and 31.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Redmill, Colchester, CO3, 15.9% of residents are recorded as possessing school level qualifications and 32.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Redmill, Colchester, CO3, the average age was 45.6 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Redmill, Colchester, CO3, 2.1% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Redmill, Colchester, CO3, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.