5, Cannock Mill Rise
5, Cannock Mill Rise
Description & Estimates
Public records show 5, Cannock Mill Rise, Colchester to be a modern leasehold apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, Cannock Mill Rise, Colchester has an estimated sale value of £256,880 and an estimated rental value of £1,347 per month, assuming reasonable condition and based on the information available.
Cannock Mill Rise, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
5, Cannock Mill Rise, Colchester has 3 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Cannock Mill Rise, Colchester would be worth £269,724, with a potential rental value of £1,415 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £238,898, with a rental value of £1,253 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 5, Cannock Mill Rise, Colchester has declined by £1,336 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (3.0%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
5, Cannock Mill Rise, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Cannock Mill Rise, Colchester last changed hands on 14th September 2022, selling for £271,275. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 14.9% since September 2022.
- Sold Sep 2022£271,275
- Sold May 2021£238,607
- Sold Apr 2020£223,570
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 5, Cannock Mill Rise, Colchester across the last 2 years.
Most recently, 6, Cannock Mill Rise, Colchester, CO2 8YY, a leasehold flat, sold at £258,000 on the 7th April 2026.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Cannock Mill Rise, Colchester as the 21st largest and the 21st most expensive of the 23 addresses on Cannock Mill Rise, Colchester, CO2.
Against the CO2 postcode district average, it is £26k less expensive than the typical property.
More reading links
Schools Nearby
- 200mKendall Church of England Primary School
- 800mOld Heath Community Primary School
- 900mSt. George's School
- 1.4kmThe Thomas Lord Audley School
- 2.4kmColchester Academy
- 2.5kmColchester Royal Grammar School
More reading links
Public Transport Nearby
Hythe (Essex) station is the nearest stop to 5, Cannock Mill Rise, Colchester at 1.2 kilometres away.
- 1.2kmHythe (Essex)
- 1.6kmColchester Town
- 3.3kmColchester
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
