According to the public record, 14, Mill Street, Colchester is a period freehold house and with 861 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
14, Mill Street, Colchester has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated December 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Mill Street Colchester as £244,498 and the rental value as £1,222 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 14 Mill Street Colchester has decreased by £2,516 (1.0%) and its rental value has increased by £95 per month (7.8%).
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 14, Mill Street, Colchester is in very good condition we estimate a sale value of £256,723 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,383 and a rental value of £1,136 per month.
If you were able to purchase this property for the estimated value of £244,498, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,202 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 14, Mill Street, Colchester sits on a plot of 101m2.
We have plot size data on 29 out of 40 other houses in the postcode and 14, Mill Street, Colchester sits on the 20th largest plot.
According to HM Land Registry, 14, Mill Street, Colchester was last sold on 04 Oct 2021 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Mill Street, Colchester within a radius of 96m over the last 2 years.
The most recent example is 27, Mill Street, Colchester, CO1 2AH, a Freehold house which sold for £267,000 in Apr 2023.
Read more about house prices in CO1.
Mill Street, Colchester, CO1 has a total of 40 addresses. According to our analysis of all the public data, 14, Mill Street, Colchester is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in CO1.
14, Mill Street, Colchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Dec 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 14, Mill Street, Colchester is Colchester Town station which is 400 m away.
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 14, Mill Street, Colchester, 41.6% of property is privately rented and 24.6% is socially rented.
The graph below shows how this compares to Greater London 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 14, Mill Street, Colchester, 24.8% of residents are recorded as possessing school level qualifications and 35.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 14, Mill Street, Colchester, the average age was 33.3 and the most common age was 22.
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 14, Mill Street, Colchester, 0.4% 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 14, Mill Street, Colchester, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.