45, Mill Street
45, Mill Street
Description & Estimates
Public records show 45, Mill Street, Colchester to be a period freehold house with 807 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
45, Mill Street, Colchester has an estimated sale value of £231,391 and an estimated rental value of £1,297 per month, assuming reasonable condition and based on the information available.
Mill Street, Colchester, CO1 lies in the borough of Colchester, within the CO1 postal district.
Our Data Sources
45, Mill Street, Colchester has 51 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated August 2018.
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
In very good condition, we estimate 45, Mill Street, Colchester would be worth £242,961, with a potential rental value of £1,362 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £215,194, with a rental value of £1,206 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 45, Mill Street, Colchester has dropped by £2,409 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (1.8%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
45, Mill Street, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
45, Mill Street, Colchester last changed hands on 14th December 2018, selling for £235,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 24.6% since December 2018.
- Sold Dec 2018£235,000
- Sold Dec 2011£154,000
- Sold Jun 2011£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 45, Mill Street, Colchester across the last 2 years.
Most recently, 61, Military Road, Colchester, CO1 2AW, a freehold house, sold at £240,000 on the 1st October 2024.
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
Our analysis of the public data ranks 45, Mill Street, Colchester as the 19th largest and the 19th most expensive of the 40 addresses on Mill Street, Colchester, CO1.
Against the CO1 postcode district average, it is £3k less expensive than the typical property.
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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
Colchester Town station is the nearest stop to 45, Mill Street, Colchester at 400 metres away.
- 400mColchester Town
- 1.4kmHythe (Essex)
- 2.1kmColchester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
