7 Rainbow Road, West Mersea, Colchester, CO5 8RE is a freehold semi-detached property built before 1900. The property offers approximately 710 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £301,652 , which equates to approximately £425 per square foot. It was last sold on 19 Mar 2021 for £259,000. Since then, the value has increased by £42,652, representing a 16.5% increase, or approximately 3.5% per year.

The current estimated value of £301,652 is:

  • 20.8% lower than the average property price on Rainbow Road
  • 19.2% lower than the average in the CO5 8RE postcode area
  • and 6.3% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 17 July 2018, the property was recorded as owner-occupied.

View sold house prices in CO5 8RE

Building approximate location

About Property

Type
Semi-Detached House
Built
before 1900
Interior Size
710 sq ft
Tenure
Freehold
Price (estimate)
£301,652
Price Per sq ft (estimate)
£425
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Rainbow Road, West Mersea, Colchester, Essex, CO5 8RE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 17 Jul 2018.

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, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to CO5 8RE

11 th / 13
Price Rank
19% lower than average
8 th / 8
Size Rank
37% smaller than average
3 rd / 8
Price Per Sq FT Rank
29% higher than average

Compared to other properties in CO5 8RE , this house's estimated value ranks 11th out of 13. Based on price per square foot, it ranks 3rd out of 8 properties. In terms of size, this home ranks 8th out of 8 properties in its postcode area.

Sale History

Today
£301,652
streetscan.co.uk estimate
+16 %
19 Mar 2021
£259,000
Leasehold
+49.7 %
20 Aug 2007
£173,000
Leasehold

Area Insights

Similar Properties Sold Nearby

11 Rainbow Road, West Mersea, Colchester, CO5 8RE
rooms: 4
size: 721 sq ft
sale price: £283,000
sale date: 23 Sep 2016

Data Sources

The property at 7 Rainbow Road, West Mersea, Colchester, CO5 8RE appears two times in the Land Registry records, with the latest transaction recorded on 19 Mar 2021. It also has a single Energy Performance Certificate (EPC) from 17 Jul 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.
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