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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Mill Street, Colchester is a period freehold house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mill Street, Colchester is £246,743 and the estimated rental value is £1,363 per month.
Mill Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
2, Mill Street, Colchester has 2 entries in the Land Registry , most recently in May 2020 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Mill Street, Colchester is in very good condition we estimate a sale value of £259,080 and a rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,471 and a rental value of £1,268 per month.
Over the last 12 months the sale value of 2 Mill Street Colchester has decreased by an estimated £2,568 (1.0%) and its rental value has increased by an estimated £24 per month (1.8%), giving an expected gross yield of 6.6%.
2, Mill Street, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2018.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mill Street, Colchester was last sold on 7th May 2020 for £199,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2020, the market for similar properties has risen 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Street, Colchester within a radius of 360 metres over the last 2 years.
The most recent example is 27, Mill Street, Colchester, CO1 2AH, a freehold house which sold for £267,000 on the 21st April 2023.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Street, Colchester, CO1 has a total of 40 addresses. According to our analysis of all the public data, 2, Mill Street, Colchester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in CO1.
The closest station to 2, Mill Street, Colchester is Colchester Town station which is 400 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mill Street, Colchester, % of property is and % is .
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 2, Mill Street, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Mill Street, Colchester, 0.0% 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 2, Mill Street, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
