22, Mill Street
22, Mill Street
Description & Estimates
22, Mill Street, Colchester is recorded publicly as a period freehold house across 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 22, Mill Street, Colchester is £245,248 and its rental estimate is £1,357 per month, given the available information and assuming reasonable condition.
Mill Street, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
Our Data Sources
22, Mill Street, Colchester has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated March 2016.
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, Mill Street, Colchester, we estimate a market value of £257,511 and a rental value of £1,425 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,081 and £1,262 per month respectively.
Recent Market Change
Over the last year, 22, Mill Street, Colchester has seen its estimated sale value decrease by £2,553 (1.0%) and its estimated rental value grow by £24 per month (1.8%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
22, Mill Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 22, Mill Street, Colchester completed on 15th June 2016 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 36.1% over the period since June 2016.
- Sold Jun 2016£195,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Mill Street, Colchester have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st April 2023, was 27, Mill Street, Colchester, CO1 2AH, a freehold house which sold for £267,000.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Mill Street, Colchester, CO1, 22, Mill Street, Colchester comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £11k more expensive than the average property across the CO1 district.
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Schools Nearby
- 500mSt. George's School
- 600mSt Thomas More's Catholic Primary School, Colchester
- 600mSt John's Green Primary School
- 1.4kmColchester Royal Grammar School
- 1.7kmThe Thomas Lord Audley School
- 1.8kmSt Helena School
More reading links
Public Transport Nearby
From 22, Mill Street, Colchester, the nearest station is Colchester Town, 400 metres away.
- 400mColchester Town
- 1.4kmHythe (Essex)
- 2.1kmColchester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
