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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 7, Mill Field, Colchester to be a modern freehold house with 936 ft2 of internal area, sitting on a 261 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Mill Field, Colchester has an estimated sale value of £384,638 and an estimated rental value of £1,448 per month, assuming reasonable condition and based on the information available.
Mill Field, White Colne, Colchester, CO6 lies in the borough of Braintree, within the CO6 postal district.
7, Mill Field, Colchester has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated May 2019.
We combine this information with that 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.
In very good condition, we estimate 7, Mill Field, Colchester would be worth £403,870, with a potential rental value of £1,520 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £357,713, with a rental value of £1,346 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Mill Field, Colchester has declined by £8,088 (2.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (2.0%). The property's estimated gross yield is currently 4.5%.
7, Mill Field, Colchester occupies a 261 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
7, Mill Field, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
7, Mill Field, Colchester last changed hands on 21st August 2023, selling for £388,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 7.1% since August 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 7, Mill Field, Colchester across the last 2 years.
Most recently, 9, Mill Field, Colchester, CO6 2FB, a freehold house, sold at £310,000 on the 21st February 2019.
Read more about house prices in CO6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Mill Field, Colchester as the 7th largest and the 7th most expensive of the 8 addresses on Mill Field, White Colne, Colchester, CO6.
Against the CO6 postcode district average, it is £59k less expensive than the typical property.
Chappel & Wakes Colne station is the nearest stop to 7, Mill Field, Colchester at 2.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Mill Field, Colchester, 46.2% of property is privately owned outright and 39.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Mill Field, Colchester, 16.4% of residents are recorded as possessing school level qualifications and 37.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Mill Field, Colchester, the average age was 43.9 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Mill Field, Colchester, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Mill Field, Colchester, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
