Mill Cottage, Colchester
Mill Cottage, Colchester
Description & Estimates
The public record describes Mill Cottage, Colchester as a modern house with 1,065 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
Mill Cottage, Colchester has an estimated sale value of £625,233 and an estimated rental value of £2,460 per month, assuming reasonable condition and based on the information available.
Newbridge Hill, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
Our Data Sources
Mill Cottage, Colchester has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Mill Cottage, Colchester would be worth £656,495, with a potential rental value of £2,583 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £581,467, with a rental value of £2,288 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 Mill Cottage, Colchester has decreased by £5,593 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £53 (2.2%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
Mill Cottage, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of Mill Cottage, Colchester across the last 2 years.
Most recently, 24, Chitts Hill, Colchester, CO3 9ST, a freehold house, sold at £605,000 on the 3rd October 2024.
Read more about house prices in CO3.
•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 Mill Cottage, Colchester as the 2nd largest and the 2nd most expensive of the 2 addresses on Newbridge Hill, Colchester, CO3.
Against the CO3 postcode district average, it is £248k more expensive than the typical property.
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Schools Nearby
- 1.2kmHeathlands Church of England Voluntary Controlled Primary School, West Bergholt
- 2.1kmLexden Primary School with Unit for Hearing Impaired Pupils
- 2.1kmHoly Trinity CofE Primary School, Eight Ash Green and Aldham
- 2.5kmThe Stanway School
- 3.2kmSt Benedict's Catholic College
- 3.2kmColchester County High School for Girls
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Public Transport Nearby
Colchester station is the nearest stop to Mill Cottage, Colchester at 3.6 kilometres away.
- 3.6kmColchester
- 4.8kmColchester Town
- 4.8kmMarks Tey
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
