12, Mortimer Gardens
12, Mortimer Gardens
Description & Estimates
12, Mortimer Gardens, Colchester is recorded publicly as a modern leasehold apartment across 376 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 12, Mortimer Gardens, Colchester is £130,306 and its rental estimate is £815 per month, given the available information and assuming reasonable condition.
Mortimer Gardens, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
12, Mortimer Gardens, Colchester has 2 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated May 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Mortimer Gardens, Colchester, we estimate a market value of £136,821 and a rental value of £856 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £121,185 and £758 per month respectively.
Recent Market Change
Over the last year, 12, Mortimer Gardens, Colchester has seen its estimated sale value rise by £624 (0.5%) and its estimated rental value move up by £32 per month (3.9%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
12, Mortimer Gardens, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 12, Mortimer Gardens, Colchester completed on 26th October 2016 at £123,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 32.5% over the period since October 2016.
- Sold Oct 2016£123,000
- Sold Feb 2007£135,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Mortimer Gardens, Colchester have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2023, was 28, Chapman Place, Colchester, CO4 5ZJ, a leasehold flat which sold for £144,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Mortimer Gardens, Colchester, CO4, 12, Mortimer Gardens, Colchester comes out as the 62nd largest and the 62nd most expensive in our analysis of the public data.
It is also £182k less expensive than the average property across the CO4 district.
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Schools Nearby
- 800mBrinkley Grove Primary School
- 1.0kmCamulos Academy
- 1.3kmHighwoods Community Primary School
- 700mThe Trinity School
- 700mThe Gilberd School
- 3.5kmColchester Academy
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Public Transport Nearby
From 12, Mortimer Gardens, Colchester, the nearest station is Colchester, 2.9 kilometres away.
- 2.9kmColchester
- 4.1kmColchester Town
- 4.2kmHythe (Essex)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
