25 Mercers Way, Colchester, CO1 1RY is a freehold terraced property built between 1950-1966. The property offers approximately 1,055 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 £251,751 , which equates to approximately £239 per square foot. It was last sold on 1 Jun 2012 for £142,000. Since then, the value has increased by £109,751, representing a 77.3% increase, or approximately 5.7% per year.

The current estimated value of £251,751 is:

  • 15.8% lower than the average property price on Mercers Way
  • 18.4% lower than the average in the CO1 1RY postcode area
  • and 21.8% lower than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 15 May 2022, the property was recorded as owner-occupied.

View sold house prices in CO1 1RY

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
1055 sq ft
Tenure
Freehold
Price (estimate)
£251,751
Price Per sq ft (estimate)
£239
Bedroom Count (estimate)
3 bedrooms

EPC Summary

25 Mercers Way, Colchester, Essex, CO1 1RY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 May 2022.

This property uses a gas boiler with both underfloor heating and radiators as its main heating source. It is connected to mains gas. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows are high performance glazing.

The previous EPC assessment was conducted on 15 Mar 2012, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 31.5%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, mains gas to boiler and underfloor heating, mains gas, boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The hot water system was changed from from main system to from main system, plus solar, with its energy efficiency improving from average to very good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 270 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The windows were upgraded from fully double glazed to high performance glazing.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and underfloor heating, mains gas, Boiler and radiators, mains gas
Good
Hot Water
From main system, plus solar
Very Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO1 1RY

17 th / 18
Price Rank
18% lower than average
3 rd / 16
Size Rank
17% bigger than average
15 th / 16
Price Per Sq FT Rank
30% lower than average

Compared to other properties in CO1 1RY , this house's estimated value ranks 17th out of 18. Based on price per square foot, it ranks 15th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 16 properties in its postcode area.

Sale History

Today
£251,751
streetscan.co.uk estimate
+77 %
1 Jun 2012
£142,000
Leasehold
+42 %
30 Oct 2003
£100,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 862 sq ft
sale price: £295,000
sale date: 25 Nov 2016
rooms: 5
size: 876 sq ft
sale price: £265,577
sale date: 29 Apr 2016
rooms: 4
size: 764 sq ft
sale price: £228,750
sale date: 29 Sep 2016
rooms: 5
size: 753 sq ft
sale price: £173,000
sale date: 22 Jun 2007
rooms: 4
size: 1098 sq ft
sale price: £282,000
sale date: 14 Dec 2021

Data Sources

The property at 25 Mercers Way, Colchester, CO1 1RY appears two times in the Land Registry records, with the latest transaction recorded on 1 Jun 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 May 2022. 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.