23, Mercers Way
23, Mercers Way
Description & Estimates
23, Mercers Way, Colchester is recorded publicly as an early-century freehold house across 753 ft2 of internal area, sitting on a 233 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Mercers Way, Colchester is £279,099 and its rental estimate is £1,361 per month, given the available information and assuming reasonable condition.
Mercers Way, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
Our Data Sources
23, Mercers Way, Colchester has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 23, Mercers Way, Colchester, we estimate a market value of £293,054 and a rental value of £1,429 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,562 and £1,266 per month respectively.
Recent Market Change
Over the last year, 23, Mercers Way, Colchester has seen its estimated sale value move down by £2,905 (1.0%) and its estimated rental value increase by £24 per month (1.8%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 23, Mercers Way, Colchester as measuring 233 m2.
That makes it the 22nd largest plot in the postcode, where all 34 other houses have recorded plot data.
Energy Efficiency
23, Mercers Way, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 23, Mercers Way, Colchester completed on 22nd June 2007 at £173,000 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 43.8% over the period since June 2007.
- Sold Jun 2007£173,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Mercers Way, Colchester have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2025, was 49, Cowdray Avenue, Colchester, CO1 1US, a freehold house which sold for £290,000.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 34 addresses on Mercers Way, Colchester, CO1, 23, Mercers Way, Colchester comes out as the 27th largest and the 26th most expensive in our analysis of the public data.
It is also £45k more expensive than the average property across the CO1 district.
More reading links
Schools Nearby
- 200mNorth Primary School and Nursery
- 1.1kmSt James the Great Church of England Primary School
- 1.1kmSt Thomas More's Catholic Primary School, Colchester
- 600mSt Helena School
- 1.3kmColchester Royal Grammar School
- 2.0kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
From 23, Mercers Way, Colchester, the nearest station is Colchester, 600 metres away.
- 600mColchester
- 1.2kmColchester Town
- 2.4kmHythe (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.
