48, Eight Acre Lane
48, Eight Acre Lane
Description & Estimates
According to the public record, 48, Eight Acre Lane, Colchester is a mid-century house with 753 ft2 of internal area.
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 48, Eight Acre Lane, Colchester is £270,114 and the estimated rental value is £1,413 per month.
Eight Acre Lane, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
Our Data Sources
48, Eight Acre Lane, Colchester has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data 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
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 48, Eight Acre Lane, Colchester is in very good condition we estimate a sale value of £283,619 and a rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,206 and a rental value of £1,314 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 48, Eight Acre Lane, Colchester has fallen by £3,671 (1.4%), while its estimated rental value has moved up by £30 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
48, Eight Acre Lane, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Eight Acre Lane, Colchester within a radius of 630 metres over the last 2 years.
The most recent example is 57, Littlefield Road, Colchester, CO2 9HU, a freehold house which sold for £285,000 on the 5th December 2024.
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
Eight Acre Lane, Colchester, CO2 has a total of 48 addresses. According to our analysis of all the public data, 48, Eight Acre Lane, Colchester is the 19th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in CO2.
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Schools Nearby
- 200mMontgomery Primary School, Colchester
- 500mSt Michael's Primary School and Nursery, Colchester
- 500mKing's Ford Infant School and Nursery
- 900mPaxman Academy
- 1.5kmThe Thomas Lord Audley School
- 1.6kmPhilip Morant School and College
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Public Transport Nearby
The closest station to 48, Eight Acre Lane, Colchester is Colchester Town station, which is 2.6 kilometres away.
- 2.6kmColchester Town
- 3.8kmColchester
- 3.8kmHythe (Essex)
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
