The Lane, West Mersea
OA

The Lane, West Mersea

By Oakheart Property

£ 800,000

Reviews

3 out of 5 stars

Oakheart Property says ..

Nestled in the sought-after location of The Lane, this charming detached three-bedroom home offers an exceptional blend of space, comfort, and versatility. With the added benefit of a separate dwelling, this property presents an ideal opportunity for multi-generational living, guest accommodation...

Property Oracle says ..

The property is located on The Lane in West Mersea, a desirable coastal location in Essex. The area benefits from proximity to Mersea Island School (1.89km), which is rated as “Good” by Ofsted. While there is no nearby public transportation mentioned, the presence of several nearby streets with varying average prices suggests a well-established residential area. The photos reveal a property that appears well-maintained and renovated, with a blend of modern and traditional features. The interior is presented in good condition. The property includes a garden, adding to its appeal. However, the plot size is listed as 0.00 sqft, which needs clarification. The list price of £800,000 is considerably higher than other properties on The Lane, with prices ranging from £199,000 to £430,000. Without more detailed information on the square footage of comparable properties, it is difficult to definitively assess the price per square foot and the overall value for money. However, based on the limited data and the premium location, the price may be at the higher end of the market.

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
8
Location
9
Land
7
Bedrooms
4
Bathrooms
3
Sqft (est)
1,808.23

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
544,277.23 £
Increased by 62.70 %
from 334,522.55 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
1,808.23 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • Oakheart Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Mersea Island SchoolFoundation SchoolGood1.89 KM
Langenhoe Community Primary SchoolCommunity SchoolRequires improvement5.71 KM
St Cedd'S Church Of England Primary SchoolAcademy Sponsor LedGood6.23 KM
Tollesbury SchoolCommunity SchoolGood7.67 KM
Cherry Tree AcademyAcademy Sponsor LedRequires improvement8.48 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rosebank £ 000.00 KM
Meadow Lane £ 825,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Lane, West Mersea £ 800,000BUY7 / 100.00 KM
The Lane, West Mersea, Colchester, Essex, CO5 £ 775,000BUY6 / 100.01 KM
The Lane, West Mersea £ 1,300,000BUY7 / 100.04 KM
City Road, West Mersea, Colchester, Essex, CO5 £ 650,000BUYUnknown0.10 KM
Firs Chase, West Mersea £ 1,125,000BUYUnknown0.22 KM

Nearby Properties

AddressPriceDistance
11 The Lane £ 370,0000.01 KM
20 The Lane £ 200,0000.01 KM
30 The Lane £ 199,0000.01 KM
8 The Lane £ 505,0000.05 KM
22 The Lane £ 235,0000.05 KM