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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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According to the public record, 8, Miles Close, Colchester is a modern freehold house with 1,442 ft2 of internal area and sits on a 356 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Miles Close, Colchester is £530,726 and the estimated rental value is £2,093 per month.
Miles Close, Stanway, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
8, Miles Close, Colchester has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated November 2017.
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.
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 8, Miles Close, Colchester is in very good condition we estimate a sale value of £557,262 and a rental value of £2,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £493,575 and a rental value of £1,947 per month.
Over the last 12 months the sale value of 8 Miles Close Colchester has decreased by an estimated £5,044 (1.0%) and its rental value has increased by an estimated £45 per month (2.1%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 8, Miles Close, Colchester sits on a plot of 356m2.
We have plot size data on 12 out of 12 other houses in the postcode and 8, Miles Close, Colchester sits on the 7th largest plot.
8, Miles Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 8, Miles Close, Colchester was last sold on 1st December 2017 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Miles Close, Colchester within a radius of 710 metres over the last 2 years.
The most recent example is 10, Miles Close, Colchester, CO3 0JB, a freehold house which sold for £540,000 on the 4th May 2023.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Miles Close, Stanway, Colchester, CO3 has a total of 12 addresses. According to our analysis of all the public data, 8, Miles Close, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in CO3.
The closest station to 8, Miles Close, Colchester is Marks Tey station which is 3.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Miles Close, Colchester, 53.4% of property is privately owned outright and 27.2% 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 8, Miles Close, Colchester, 14.8% of residents are recorded as possessing school level qualifications and 27.4% 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 8, Miles Close, Colchester, the average age was 41.8 and the most common age was 32.
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 8, Miles Close, Colchester, 0.0% 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 8, Miles Close, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
