The Lane, West Mersea
OA

The Lane, West Mersea

By Oakheart Property

£ 450,000

Reviews

3 out of 5 stars

Oakheart Property says ..

Gossip Cottage is a charming Grade II listed property, believed to date back to the 17th century. Retaining its rich historical character, the cottage showcases its heritage with delightful period features, including multi-pane windows, parallel ridge and gable roofs, exposed beams, and a magnifi...

Property Oracle says ..

The property is located on The Lane, West Mersea, a village in Essex. Based on the provided images, the property appears to be a charming, older home with character features such as exposed beams. The kitchen shows signs of recent renovation or updating with modern appliances. The bathroom, while functional, seems to be in need of some modernisation. The property benefits from a garden, which is visible in the provided photos. The garden is relatively small but appears well-maintained. The location is desirable, given its proximity to Mersea Island School (rated ‘Good’ by Ofsted), and the coastal setting of West Mersea. However, the lack of detailed information regarding the plot size and the absence of nearby transportation data limits a comprehensive assessment of the land and location scores. The list price of £450,000 is slightly higher than the average price of £348,914 for the area, but considering the property’s unique character, the relatively updated kitchen, and the desirable location, the price may be reasonable. However, the lack of sqft data for comparable properties makes a precise price-per-sqft comparison difficult. The property’s condition is a mixture; some areas appear well-maintained and recently updated, while others may require some modernisation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
900.94

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
271,182.94 £
Increased by 62.70 %
from 166,673.90 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
900.94 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Oakheart Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Mersea Island SchoolFoundation SchoolGood1.61 KM
Langenhoe Community Primary SchoolCommunity SchoolRequires improvement5.63 KM
St Cedd'S Church Of England Primary SchoolAcademy Sponsor LedGood6.27 KM
Tollesbury SchoolCommunity SchoolGood7.97 KM
Cherry Tree AcademyAcademy Sponsor LedRequires improvement8.42 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rosebank £ 000.00 KM
Meadow Lane £ 825,00000.00 KM
Going's Lane £ 000.00 KM
Windsor Road £ 135,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Lane, West Mersea £ 450,000BUY6 / 100.00 KM
West Mersea, CO58NG £ 300,000BUY6 / 100.16 KM
Rosebank Road, West Mersea, Colchester £ 600,000BUYUnknown0.20 KM
West Mersea, CO5 8LN £ 275,000BUY4 / 100.24 KM
The Lane, West Mersea £ 1,300,000BUY7 / 100.26 KM

Nearby Properties

AddressPriceDistance
49 The Lane £ 387,5000.03 KM
62b Firs Chase £ 585,0000.07 KM
70 Firs Chase £ 159,0000.07 KM
62 Firs Chase £ 135,0000.07 KM
54 Firs Chase £ 430,0000.07 KM