3, Mill Lane
3, Mill Lane
Description & Estimates
3, Mill Lane, Colchester is described in the public record as a modern house with 1,267 ft2 of internal area, sitting on a 336 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Mill Lane, Colchester is £422,454 and its rental estimate is £1,999 per month, given the available information and assuming reasonable condition.
Mill Lane, Birch, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
3, Mill Lane, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Mill Lane, Colchester, we estimate a market value of £443,576 and a rental value of £2,099 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £392,882 and £1,859 per month respectively.
Recent Market Change
Over the last year, 3, Mill Lane, Colchester has seen its estimated sale value move down by £5,764 (1.4%) and its estimated rental value increase by £46 per month (2.3%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 3, Mill Lane, Colchester as measuring 336 m2.
That makes it the 11th largest plot in the postcode, where 15 of the 20 other houses have recorded plot data.
Energy Efficiency
3, Mill Lane, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 3, Mill Lane, Colchester completed on 19th January 2001 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jan 2001£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Mill Lane, Colchester have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th December 2022, was Nelmes, Mill Lane, Colchester, CO2 0NG, a freehold house which sold for £525,000.
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 56 addresses on Mill Lane, Birch, Colchester, CO2, 3, Mill Lane, Colchester comes out as the 29th largest and the 27th most expensive in our analysis of the public data.
It is also £140k more expensive than the average property across the CO2 district.
More reading links
Schools Nearby
- 900mBirch Church of England Voluntary Aided Primary School
- 2.7kmLayer-de-la-Haye Church of England Voluntary Controlled Primary School
- 4.2kmCopford Church of England Voluntary Controlled Primary School
- 5.2kmThurstable School
- 5.3kmPaxman Academy
- 5.4kmThe Stanway School
More reading links
Public Transport Nearby
From 3, Mill Lane, Colchester, the nearest station is Marks Tey, 5.5 kilometres away.
- 5.5kmMarks Tey
- 8.0kmKelvedon
- 8.1kmColchester Town
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.
