4, New Lane
4, New Lane
Description & Estimates
According to the public record, 4, New Lane, Colchester is an early-century freehold house with 753 ft2 of internal area and sits on a 602 m2 plot.
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 4, New Lane, Colchester is £330,571 and the estimated rental value is £1,458 per month.
New Lane, Feering, Colchester, CO5 is located in the borough of Braintree within the CO5 postal district.
Our Data Sources
4, New Lane, Colchester has a single entry in the Land Registry from July 2013 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 4, New Lane, Colchester is in very good condition we estimate a sale value of £347,100 and a rental value of £1,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,431 and a rental value of £1,356 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, New Lane, Colchester has moved down by £5,179 (1.6%), while its estimated rental value has increased by £31 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 4, New Lane, Colchester sits on a plot of 602 m2.
We have plot size data on 17 out of 21 other houses in the postcode and 4, New Lane, Colchester sits on the 12th largest plot.
Energy Efficiency
4, New Lane, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 4, New Lane, Colchester was last sold on 15th July 2013 for £207,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2013, the market for similar properties has risen by 65.5%.
- Sold Jul 2013£207,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, New Lane, Colchester within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 6, Hanover Square, Colchester, CO5 9QN, a freehold house which sold for £360,000 on the 22nd November 2023.
Read more about house prices in CO5.
- Sold Nov 2023£360,000 | 3 Bed HouseHanover Square6, Hanover Square, Colchester, CO5 9QN
- Sold Mar 2021£330,000 | 2 Bed HouseLongacres Hanover Square7, Longacres Hanover Square, Colchester, CO5 9QP
- Sold Dec 2020£330,000 | 3 Bed HouseLongacres Hanover Square12, Longacres Hanover Square, Colchester, CO5 9QP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
New Lane, Feering, Colchester, CO5 has a total of 21 addresses. According to our analysis of all the public data, 4, New Lane, Colchester is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in CO5.
More reading links
Schools Nearby
- 700mFeering Church of England Primary School
- 2.0kmKelvedon St Mary's Church of England Primary Academy
- 2.6kmMessing Primary School
- 3.8kmThurstable School
- 3.8kmHonywood School
- 7.0kmLift New Rickstones
More reading links
Public Transport Nearby
The closest station to 4, New Lane, Colchester is Kelvedon station, which is 1.8 kilometres away.
- 1.8kmKelvedon
- 5.3kmMarks Tey
- 7.6kmWitham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
