22, Cannock Mill Rise
22, Cannock Mill Rise
Description & Estimates
22, Cannock Mill Rise, Colchester is recorded publicly as a modern leasehold house across 1,560 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 22, Cannock Mill Rise, Colchester is £658,471 and its rental estimate is £2,709 per month, given the available information and assuming reasonable condition.
Cannock Mill Rise, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
22, Cannock Mill Rise, Colchester has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated November 2019.
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.
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 22, Cannock Mill Rise, Colchester, we estimate a market value of £691,394 and a rental value of £2,844 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £612,378 and £2,519 per month respectively.
Recent Market Change
Over the last year, 22, Cannock Mill Rise, Colchester has seen its estimated sale value drop by £8,985 (1.4%) and its estimated rental value rise by £63 per month (2.3%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
22, Cannock Mill Rise, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 22, Cannock Mill Rise, Colchester completed on 8th May 2024 at £684,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.9% over the period since May 2024.
- Sold May 2024£684,000
- Sold Apr 2020£607,605
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Cannock Mill Rise, Colchester have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd April 2020, was 21, Cannock Mill Rise, Colchester, CO2 8YY, a leasehold house which sold for £611,187.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 23 addresses on Cannock Mill Rise, Colchester, CO2, 22, Cannock Mill Rise, Colchester comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £376k more expensive than the average property across the CO2 district.
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Schools Nearby
- 200mKendall Church of England Primary School
- 800mOld Heath Community Primary School
- 900mSt. George's School
- 1.4kmThe Thomas Lord Audley School
- 2.4kmColchester Academy
- 2.5kmColchester Royal Grammar School
More reading links
Public Transport Nearby
From 22, Cannock Mill Rise, Colchester, the nearest station is Hythe (Essex), 1.2 kilometres away.
- 1.2kmHythe (Essex)
- 1.6kmColchester Town
- 3.3kmColchester
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
