Laurel Cottage, Colchester
Laurel Cottage, Colchester
Description & Estimates
The public record lists Laurel Cottage, Colchester as a freehold house.
Comparison with its neighbours suggests a mid-century house with 606 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
Laurel Cottage, Colchester has an estimated sale value of £353,604 and an estimated rental value of £1,522 per month, assuming reasonable condition and based on the information available.
Layer Breton Hill, Layer Breton, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
Laurel Cottage, Colchester has 41 entries in the Land Registry , most recently in November 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Laurel Cottage, Colchester would be worth £371,285, with a potential rental value of £1,598 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £328,852, with a rental value of £1,415 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 Laurel Cottage, Colchester has dropped by £6,035 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £30 (1.9%). The property's estimated gross yield is currently 5.2%.
Sold Prices
Laurel Cottage, Colchester last changed hands on 28th November 2008, selling for £197,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 35.9% since November 2008.
- Sold Nov 2008£197,500
- Sold Mar 2002£129,000
- Sold Mar 1996£53,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of Laurel Cottage, Colchester across the last 2 years.
Most recently, 3 Hillfield Cottages, Colchester, CO2 0PS, a freehold house, sold at £318,250 on the 10th July 2023.
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
Our analysis of the public data ranks Laurel Cottage, Colchester as the 42nd largest and the 40th most expensive of the 42 addresses on Layer Breton Hill, Layer Breton, Colchester, CO2.
Against the CO2 postcode district average, it is £71k more expensive than the typical property.
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Schools Nearby
- 1.6kmBirch Church of England Voluntary Aided Primary School
- 2.9kmLayer-de-la-Haye Church of England Voluntary Controlled Primary School
- 4.9kmCopford Church of England Voluntary Controlled Primary School
- 5.2kmThurstable School
- 5.7kmPaxman Academy
- 6.0kmThe Stanway School
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Public Transport Nearby
Marks Tey station is the nearest stop to Laurel Cottage, Colchester at 6.2 kilometres away.
- 6.2kmMarks Tey
- 8.3kmKelvedon
- 8.5kmColchester Town
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
