48, Watermill Road
48, Watermill Road
Description & Estimates
48, Watermill Road, Colchester is recorded publicly as a modern freehold house across 568 ft2 of internal area, sitting on a 145 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 48, Watermill Road, Colchester is £262,786 and its rental estimate is £1,187 per month, given the available information and assuming reasonable condition.
Watermill Road, Feering, Colchester, CO5 falls within the CO5 postal district, in the borough of Braintree.
Our Data Sources
48, Watermill Road, Colchester has 41 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated April 2010.
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
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 48, Watermill Road, Colchester, we estimate a market value of £275,925 and a rental value of £1,246 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,391 and £1,104 per month respectively.
Recent Market Change
Over the last year, 48, Watermill Road, Colchester has seen its estimated sale value decrease by £4,694 (1.8%) and its estimated rental value grow by £23 per month (1.9%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 48, Watermill Road, Colchester as measuring 145 m2.
That makes it the 39th largest plot in the postcode, where 42 of the 44 other houses have recorded plot data.
Energy Efficiency
48, Watermill Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Watermill Road, Colchester completed on 4th August 2010 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 86.0% over the period since August 2010.
- Sold Aug 2010£160,000
- Sold Jan 2007£159,500
- Sold Jan 2003£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Watermill Road, Colchester have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th April 2021, was 54, Watermill Road, Colchester, CO5 9SR, a freehold house which sold for £263,000.
Read more about house prices in CO5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Watermill Road, Feering, Colchester, CO5, 48, Watermill Road, Colchester comes out as the 43rd largest and the 44th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the CO5 district.
More reading links
Schools Nearby
- 100mFeering Church of England Primary School
- 1.3kmKelvedon St Mary's Church of England Primary Academy
- 2.7kmMessing Primary School
- 3.7kmThurstable School
- 4.0kmHonywood School
- 6.3kmLift New Rickstones
More reading links
Public Transport Nearby
From 48, Watermill Road, Colchester, the nearest station is Kelvedon, 1.1 kilometres away.
- 1.1kmKelvedon
- 6.1kmMarks Tey
- 6.9kmWitham
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.
