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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, Millcot, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 965 ft2 of internal area and sits on a 160 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Millcot, Colchester is £470,050 and the estimated rental value is £1,608 per month.
Anglesea Road, Wivenhoe, Colchester, CO7 is located in the borough of Colchester within the CO7 postal district.
Millcot, Colchester has a single entry in the Land Registry from May 2010 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 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 Millcot, Colchester is in very good condition we estimate a sale value of £493,553 and a rental value of £1,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,147 and a rental value of £1,495 per month.
Over the last 12 months the sale value of Millcot Colchester has decreased by an estimated £849 (0.2%) and its rental value has increased by an estimated £34 per month (2.1%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, Millcot, Colchester sits on a plot of 160m2.
We have plot size data on 22 out of 31 other houses in the postcode and Millcot, Colchester sits on the 14th largest plot.
According to HM Land Registry, Millcot, Colchester was last sold on 4th May 2010 for £222,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2010, the market for similar properties has risen 63.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millcot, Colchester within a radius of 840 metres over the last 2 years.
The most recent example is 16, Anglesea Road, Colchester, CO7 9JR, a freehold house which sold for £415,000 on the 28th June 2024.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Anglesea Road, Wivenhoe, Colchester, CO7 has a total of 38 addresses. According to our analysis of all the public data, Millcot, Colchester is the 24th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in CO7.
The closest station to Millcot, Colchester is Wivenhoe station which is 500 metres 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 Millcot, Colchester, 40.0% of property is privately owned outright and 32.7% 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 Millcot, Colchester, 20.8% of residents are recorded as possessing school level qualifications and 59.6% 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 Millcot, Colchester, the average age was 41 and the most common age was 17.
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 Millcot, Colchester, 2.9% 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 Millcot, Colchester, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
