129 Magnolia Drive, Colchester, CO4 3LS is a leasehold flat built between 1967-1975. The property offers approximately 764 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £154,448 , which equates to approximately £202 per square foot. It was last sold on 30 Nov 2016 for £135,000. Since then, the value has increased by £19,448, representing a 14.4% increase, or approximately 1.6% per year.

The current estimated value of £154,448 is:

  • 33.2% lower than the average property price on Magnolia Drive
  • 30.1% lower than the average in the CO4 3LS postcode area
  • and 53.6% lower than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 November 2021, the property was recorded as rented.

View sold house prices in CO4 3LS

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
764 sq ft
Tenure
Leasehold
Price (estimate)
£154,448
Price Per sq ft (estimate)
£202
Bedroom Count (estimate)
2 bedrooms

EPC Summary

129 Magnolia Drive, Colchester, Essex, CO4 3LS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Nov 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 22 May 2011. The rating of C remains the same, but the energy efficiency score improved by 2.8%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was changed from low energy lighting in 89% 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
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 3LS

14 th / 15
Price Rank
30% lower than average
12 th / 14
Size Rank
15% smaller than average
13 th / 14
Price Per Sq FT Rank
18% lower than average

Compared to other properties in CO4 3LS , this flat's estimated value ranks 14th out of 15. Based on price per square foot, it ranks 13th out of 14 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 12th out of 14 properties in its postcode area.

Sale History

Today
£154,448
streetscan.co.uk estimate
+14 %
30 Nov 2016
£135,000
Leasehold
+58.8 %
18 Dec 2003
£85,000
Leasehold
+30.8 %
28 May 2002
£65,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £84,000
sale date: 14 Feb 2003
rooms: 4
size: 807 sq ft
sale price: £44,995
sale date: 27 Jul 2000
rooms: 3
size: 786 sq ft
sale price: £142,500
sale date: 16 Mar 2018
rooms: 3
size: 689 sq ft
sale price: £135,000
sale date: 21 Jul 2017
rooms: 3
size: 710 sq ft
sale price: £145,000
sale date: 12 Jul 2017

Data Sources

The property at 129 Magnolia Drive, Colchester, CO4 3LS appears three times in the Land Registry records, with the latest transaction recorded on 30 Nov 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 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.