Lower Road, Colchester, CO5 7
MI

Lower Road, Colchester, CO5 7

By Michael Clark Residential

£ 700,000

Reviews

3 out of 5 stars

Michael Clark Residential says ..

VIRTUAL TOUR & VIDEO TOUR AVAILABLE ** FOUR BEDROOMS ** ANNEXE POTENTIAL ** AMPLE PARKING ** WOOD BURNER ** BEAUTIFULLY PRESENTED THROUGHOUT

Property Oracle says ..

The property is a 4 bedroom, 3 bathroom detached house located in Lower Road, Colchester. It has a list price of £700,000 and is 1,912.75 sqft with a plot size of 2,411.12 sqft. The average price for a property in the area is £348,914, with an average size of 979 sqft and an average price per sqft of £356. This suggests that the list price of £700,000 is significantly higher than the average for the area. However, without further information on comparable properties in the immediate vicinity, it is difficult to definitively assess the value. The property’s size and plot size are larger than average. The property appears well-maintained and in good condition, with features such as a conservatory and a large garden. The presence of these desirable features could justify a higher price per sqft than the average. More information on the quality of finishes and materials would be needed to make a more informed decision on the price. The property is located in a relatively rural area, with the nearest train station being approximately 8.72 KM away in Colchester Town. There are several schools within a reasonable distance, including Langenhoe Community Primary School (3.59 KM), Layer-De-La-Haye Church Of England Voluntary Controlled Primary School (5.01 KM), and Mersea Island School (5.23 KM). The proximity to these schools and the relatively large plot size may contribute to a higher than average price. Based on the images provided, the property appears to be in excellent condition and well-maintained. There is no visible evidence of any significant repairs or renovations being required. The property also benefits from a substantial garden and outdoor space.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
8
Bedrooms
4
Bathrooms
3
Sqft (est)
1,912.75
Lot (est)
2,411.12

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
343,500.00 £
Decreased by 10.23 %
from 382,656.00 £
Est sale value
575,737.75 £
Increased by 62.70 %
from 353,858.75 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
1,912.75 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
307.00 %
Unchanged by 0.00 %
from 307.00 %

Agent Activity

  • Michael Clark Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Langenhoe Community Primary SchoolCommunity SchoolRequires improvement3.59 KM
Layer-De-La-Haye Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood5.01 KM
Mersea Island SchoolFoundation SchoolGood5.23 KM
Cherry Tree AcademyAcademy Sponsor LedRequires improvement5.78 KM
St Michael'S Primary School And Nursery, ColchesterCommunity SchoolGood6.08 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Peldon 14 £ 000.00 KM
Peldon 13 £ 000.00 KM
Grove Track £ 600,00000.00 KM
Newpots Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET8.72 KM
Wivenhoe6860WIV9.38 KM
Hythe (Essex)6851HYH9.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lower Road, Peldon, Colchester, CO5 £ 650,000BUY7 / 100.07 KM
Newpots Close, Peldon, Colchester, Essex, CO5 £ 350,000BUY7 / 100.11 KM
Newpots Close, Peldon, Colchester, CO5 £ 350,000BUY6 / 100.13 KM
Lower Road, Peldon, Colchester £ 700,000BUY6 / 100.15 KM
Lower Road, Peldon, Colchester £ 425,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
Treverton £ 194,5000.06 KM
Clay Pots £ 678,0000.06 KM
Ashleigh £ 250,0000.06 KM
1 Newpots Close £ 268,0000.10 KM
2 Newpots Close £ 220,0000.10 KM