5, Mill Street
5, Mill Street
Description & Estimates
5, Mill Street, Colchester is described in the public record as a period house with 850 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Mill Street, Colchester is £242,323 and its rental estimate is £1,351 per month, given the available information and assuming reasonable condition.
Mill Street, Colchester, CO1 falls within the CO1 postal district, in the borough of Colchester.
Our Data Sources
5, Mill Street, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data 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
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 5, Mill Street, Colchester, we estimate a market value of £254,439 and a rental value of £1,418 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £225,361 and £1,256 per month respectively.
Recent Market Change
Over the last year, 5, Mill Street, Colchester has seen its estimated sale value decline by £2,522 (1.0%) and its estimated rental value climb by £24 per month (1.8%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
5, Mill Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2020.
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 5, Mill Street, Colchester completed on 15th October 2004 at £133,150 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Oct 2004£133,150
- Sold Apr 1997£42,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Mill Street, Colchester have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2024, was 61, Military Road, Colchester, CO1 2AW, a freehold house which sold for £240,000.
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
Of the 40 addresses on Mill Street, Colchester, CO1, 5, Mill Street, Colchester comes out as the 11th largest and the 9th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the CO1 district.
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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
From 5, Mill Street, Colchester, the nearest station is Colchester Town, 400 metres away.
- 400mColchester Town
- 1.4kmHythe (Essex)
- 2.1kmColchester
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.
