47, Mill Street
47, Mill Street
Description & Estimates
The public record lists 47, Mill Street, Colchester as a freehold house sitting on a 96 m2 plot.
Comparison with its neighbours suggests a period house with 376 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
47, Mill Street, Colchester has an estimated sale value of £156,003 and an estimated rental value of £882 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
47, Mill Street, Colchester has 21 entries in the Land Registry , most recently in September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 47, Mill Street, Colchester would be worth £163,803, with a potential rental value of £926 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £145,083, with a rental value of £820 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 47, Mill Street, Colchester has moved down by £1,288 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £18 (2.0%). The property's estimated gross yield is currently 6.8%.
Plot Size
47, Mill Street, Colchester occupies a 96 m2 plot as recorded by HM Land Registry.
Of the 40 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 18th largest.
Sold Prices
47, Mill Street, Colchester last changed hands on 19th September 2012, selling for £53,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 68.9% since September 2012.
- Sold Sep 2012£53,000
- Sold Nov 2006£40,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 380 metres of 47, Mill Street, Colchester across the last 2 years.
Most recently, 1 Hollis Court, Military Road, Colchester, CO1 2AY, a freehold house, sold at £138,000 on the 15th February 2019.
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 47, Mill Street, Colchester as the 40th largest and the 40th most expensive of the 40 addresses on Mill Street, Colchester, CO1.
Against the CO1 postcode district average, it is £78k 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 47, 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.
