16, Mortimer Gardens
16, Mortimer Gardens
Description & Estimates
Public records show 16, Mortimer Gardens, Colchester to be a modern leasehold apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
16, Mortimer Gardens, Colchester has an estimated sale value of £146,967 and an estimated rental value of £897 per month, assuming reasonable condition and based on the information available.
Mortimer Gardens, Colchester, CO4 lies in the borough of Colchester, within the CO4 postal district.
Our Data Sources
16, Mortimer Gardens, Colchester has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated November 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
In very good condition, we estimate 16, Mortimer Gardens, Colchester would be worth £154,316, with a potential rental value of £942 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,680, with a rental value of £835 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Mortimer Gardens, Colchester has dropped by £628 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £28 (3.2%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
16, Mortimer Gardens, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
16, Mortimer Gardens, Colchester last changed hands on 21st December 2021, selling for £158,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 0.6% since December 2021.
- Sold Dec 2021£158,000
- Sold Feb 2007£160,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 16, Mortimer Gardens, Colchester across the last 2 years.
Most recently, 28, Chapman Place, Colchester, CO4 5ZJ, a leasehold flat, sold at £144,000 on the 11th December 2023.
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
Our analysis of the public data ranks 16, Mortimer Gardens, Colchester as the 57th largest and the 57th most expensive of the 62 addresses on Mortimer Gardens, Colchester, CO4.
Against the CO4 postcode district average, it is £166k less expensive than the typical property.
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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
Colchester station is the nearest stop to 16, Mortimer Gardens, Colchester at 2.9 kilometres away.
- 2.9kmColchester
- 4.1kmColchester Town
- 4.2kmHythe (Essex)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
