1 Springham Drive, Colchester, CO4 5FN is a leasehold flat built between 2003-2006. The property offers approximately 398 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £136,231 , which equates to approximately £342 per square foot. It was last sold on 15 Nov 2021 for £138,000. Since then, the value has decreased by £1,769, representing a 1.3% decrease, or approximately 0.3% per year.

The current estimated value of £136,231 is:

  • 53.2% lower than the average property price on Springham Drive
  • 51.5% lower than the average in the CO4 5FN postcode area
  • and 57.7% 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 1 March 2021, the property was recorded as owner-occupied.

View sold house prices in CO4 5FN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
398 sq ft
Tenure
Leasehold
Price (estimate)
£136,231
Price Per sq ft (estimate)
£342
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Springham Drive, Colchester, Essex, CO4 5FN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2021.

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 main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Mar 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 5FN

64 th / 64
Price Rank
52% lower than average
53 rd / 54
Size Rank
56% smaller than average
6 th / 54
Price Per Sq FT Rank
10% higher than average

Compared to other properties in CO4 5FN , this flat's estimated value ranks 64th out of 64. Based on price per square foot, it ranks 6th out of 54 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 53th out of 54 properties in its postcode area.

Sale History

Today
£136,231
streetscan.co.uk estimate
-1 %
15 Nov 2021
£138,000
Leasehold
+8.7 %
29 Jul 2016
£127,000
Leasehold
+14.3 %
29 Oct 2004
£111,145
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 538 sq ft
sale price: £135,000
sale date: 26 Jul 2023
rooms: 3
size: 635 sq ft
sale price: £173,000
sale date: 7 Aug 2024
rooms: 2
size: 517 sq ft
sale price: £120,000
sale date: 14 Jun 2023
rooms: 3
size: 646 sq ft
sale price: £153,000
sale date: 26 Jul 2018
rooms: 3
size: 624 sq ft
sale price: £170,000
sale date: 22 Dec 2021

Data Sources

The property at 1 Springham Drive, Colchester, CO4 5FN appears three times in the Land Registry records, with the latest transaction recorded on 15 Nov 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2021. 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.