7, Cannock Mill Rise
7, Cannock Mill Rise
Description & Estimates
According to the public record, 7, Cannock Mill Rise, Colchester is a modern leasehold house with 828 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 7, Cannock Mill Rise, Colchester is £453,642 and the estimated rental value is £1,931 per month.
Cannock Mill Rise, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
Our Data Sources
7, Cannock Mill Rise, Colchester has a single entry in the Land Registry from April 2020 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 4 out of 5 and is considered of high 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 7, Cannock Mill Rise, Colchester is in very good condition we estimate a sale value of £476,324 and a rental value of £2,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,887 and a rental value of £1,795 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Cannock Mill Rise, Colchester has fallen by £6,165 (1.4%), while its estimated rental value has moved up by £40 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
7, Cannock Mill Rise, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 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
According to HM Land Registry, 7, Cannock Mill Rise, Colchester was last sold on 22nd April 2020 for £351,717 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since April 2020, the market for similar properties has risen by 15.5%.
- Sold Apr 2020£351,717
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Cannock Mill Rise, Colchester within a radius of 550 metres over the last 2 years.
The most recent example is 8, Cannock Mill Rise, Colchester, CO2 8YY, a leasehold house which sold for £342,482 on the 22nd April 2020.
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
Cannock Mill Rise, Colchester, CO2 has a total of 23 addresses. According to our analysis of all the public data, 7, Cannock Mill Rise, Colchester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in CO2.
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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
The closest station to 7, Cannock Mill Rise, Colchester is Hythe (Essex) station, which is 1.2 kilometres away.
- 1.2kmHythe (Essex)
- 1.6kmColchester Town
- 3.3kmColchester
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
