24 Mercers Way, Colchester, CO1 1RY is a freehold semi-detached property built between 1950-1966. The property offers approximately 862 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £373,922 , which equates to approximately £434 per square foot. It was last sold on 25 Nov 2016 for £295,000. Since then, the value has increased by £78,922, representing a 26.8% increase, or approximately 3.0% per year.

The current estimated value of £373,922 is:

  • 25.0% higher than the average property price on Mercers Way
  • 21.2% higher than the average in the CO1 1RY postcode area
  • and 16.1% higher than the average price for Colchester as a whole

At the most recent EPC inspection on 3 August 2009, the property was recorded as owner-occupied.

View sold house prices in CO1 1RY

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
862 sq ft
Tenure
Freehold
Price (estimate)
£373,922
Price Per sq ft (estimate)
£434
Bedroom Count (estimate)
3 bedrooms

EPC Summary

24 Mercers Way, Colchester, Essex, CO1 1RY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 3 Aug 2009.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Average
Hot Water
From main system, no cylinderstat
Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 10% of fixed outlets
Poor

Compared to CO1 1RY

2 nd / 18
Price Rank
21% higher than average
9 th / 16
Size Rank
5% smaller than average
1 st / 16
Price Per Sq FT Rank
27% higher than average

Compared to other properties in CO1 1RY , this house's estimated value ranks 2nd out of 18. Based on price per square foot, it ranks 1st out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 16 properties in its postcode area.

Sale History

Today
£373,922
streetscan.co.uk estimate
+27 %
25 Nov 2016
£295,000
Leasehold
+68.6 %
4 Feb 2010
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 947 sq ft
sale price: £330,000
sale date: 31 Jan 2022
rooms: 5
size: 827 sq ft
sale price: £287,000
sale date: 24 Aug 2018
rooms: 4
size: 764 sq ft
sale price: £228,750
sale date: 29 Sep 2016
rooms: 5
size: 876 sq ft
sale price: £265,577
sale date: 29 Apr 2016
rooms: 5
size: 850 sq ft
sale price: £259,995
sale date: 5 Feb 2016

Data Sources

The property at 24 Mercers Way, Colchester, CO1 1RY appears two times in the Land Registry records, with the latest transaction recorded on 25 Nov 2016. It also has a single Energy Performance Certificate (EPC) from 3 Aug 2009. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.