3 Rainbow Road, West Mersea, Colchester, CO5 8RE is a freehold detached property built between 1950-1966. The property offers approximately 1,324 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £492,844 , which equates to approximately £372 per square foot. It was last sold on 9 Nov 2020 for £445,000. Since then, the value has increased by £47,844, representing a 10.8% increase, or approximately 2.1% per year.

The current estimated value of £492,844 is:

  • 29.4% higher than the average property price on Rainbow Road
  • 32.1% higher than the average in the CO5 8RE postcode area
  • and 53.1% higher than the average price for Colchester as a whole

At the most recent EPC inspection on 25 April 2018, the property was recorded as owner-occupied.

View sold house prices in CO5 8RE

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
1324 sq ft
Tenure
Freehold
Price (estimate)
£492,844
Price Per sq ft (estimate)
£372
Bedroom Count (estimate)
4 bedrooms

EPC Summary

3 Rainbow Road, West Mersea, Colchester, Essex, CO5 8RE has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 25 Apr 2018.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are mostly double glazed.

Heating Type
Boiler and radiators, oil
Poor
Hot Water
From main system
Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in 65% of fixed outlets
Good

Compared to CO5 8RE

3 rd / 13
Price Rank
32% higher than average
3 rd / 8
Size Rank
17% bigger than average
4 th / 8
Price Per Sq FT Rank
13% higher than average

Compared to other properties in CO5 8RE , this bungalow's estimated value ranks 3rd out of 13. Based on price per square foot, it ranks 4th out of 8 properties. In terms of size, this home ranks 3rd out of 8 properties in its postcode area.

Sale History

Today
£492,844
streetscan.co.uk estimate
+11 %
9 Nov 2020
£445,000
Leasehold
+93.5 %
19 Dec 2007
£230,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 978 sq ft
sale price: £275,000
sale date: 22 May 2020
rooms: 5
size: 1005 sq ft
sale price: £247,500
sale date: 4 Oct 2013
rooms: 4
size: 710 sq ft
sale price: £259,000
sale date: 19 Mar 2021
rooms: 4
size: 721 sq ft
sale price: £283,000
sale date: 23 Sep 2016
rooms: 8
size: 1884 sq ft
sale price: £588,000
sale date: 20 Mar 2023

Data Sources

The property at 3 Rainbow Road, West Mersea, Colchester, CO5 8RE appears two times in the Land Registry records, with the latest transaction recorded on 9 Nov 2020. It also has a single Energy Performance Certificate (EPC) from 25 Apr 2018. 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.