16 Axial Drive, Colchester, CO4 5RY is a leasehold flat built between 2003-2006. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £201,479 , which equates to approximately £267 per square foot. It was last sold on 1 Jun 2022 for £212,600. Since then, the value has decreased by £11,121, representing a 5.2% decrease, or approximately 1.5% per year.

The current estimated value of £201,479 is:

  • 29.8% lower than the average property price on Axial Drive
  • 16.2% lower than the average in the CO4 5RY postcode area
  • and 37.4% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 8 January 2021, the property was recorded as owner-occupied.

View sold house prices in CO4 5RY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£201,479
Price Per sq ft (estimate)
£267
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Axial Drive, Colchester, Essex, CO4 5RY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Jan 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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 May 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.6%.

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 system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from very good to average.
  • The lighting was updated from low energy lighting in 18% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
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 5RY

46 th / 95
Price Rank
16% lower than average
49 th / 92
Size Rank
10% smaller than average
57 th / 92
Price Per Sq FT Rank
7% lower than average

Compared to other properties in CO4 5RY , this flat's estimated value ranks 46th out of 95. Based on price per square foot, it ranks 57th out of 92 properties. In terms of size, this home ranks 49th out of 92 properties in its postcode area.

Sale History

Today
£201,479
streetscan.co.uk estimate
-5 %
1 Jun 2022
£212,600
Leasehold
+15.5 %
30 Apr 2019
£184,000
Leasehold
+28.7 %
25 Jul 2014
£143,000
Leasehold
+14.4 %
27 May 2011
£125,000
Leasehold
-21.9 %
21 Dec 2007
£159,995
Leasehold

Area Insights

Similar Properties Sold Nearby

88 Axial Drive, Colchester, CO4 5RY
rooms: 3
size: 743 sq ft
sale price: £200,000
sale date: 28 Mar 2025
52 Axial Drive, Colchester, CO4 5RY
rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 21 Mar 2025
44 Axial Drive, Colchester, CO4 5RY
rooms: 3
size: 678 sq ft
sale price: £190,000
sale date: 14 Feb 2024
94 Axial Drive, Colchester, CO4 5RY
rooms: 3
size: 721 sq ft
sale price: £179,000
sale date: 3 Nov 2023
60 Axial Drive, Colchester, CO4 5RY
rooms: 3
size: 840 sq ft
sale price: £198,000
sale date: 1 Sep 2023

Data Sources

The property at 16 Axial Drive, Colchester, CO4 5RY appears five times in the Land Registry records, with the latest transaction recorded on 1 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jan 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.
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