16 Lakes Meadow, Coggeshall, Colchester, CO6 1TN is a leasehold flat built between 1983-1990. The property offers approximately 538 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 £145,333 , which equates to approximately £270 per square foot. It was last sold on 19 Jan 2016 for £117,500. Since then, the value has increased by £27,833, representing a 23.7% increase, or approximately 2.4% per year.

The current estimated value of £145,333 is:

  • 10.0% lower than the average property price on Lakes Meadow
  • 1.2% higher than the average in the CO6 1TN postcode area
  • and 54.9% 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 14 September 2020, the property was recorded as rented.

View sold house prices in CO6 1TN

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
538 sq ft
Tenure
Leasehold
Price (estimate)
£145,333
Price Per sq ft (estimate)
£270
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Lakes Meadow, Coggeshall, Colchester, Braintree, Essex, CO6 1TN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Sep 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Jul 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 5.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from average to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to CO6 1TN

2 nd / 32
Price Rank
1% higher than average
20 th / 29
Size Rank
6% smaller than average
3 rd / 29
Price Per Sq FT Rank
8% higher than average

Compared to other properties in CO6 1TN , this flat's estimated value ranks 2nd out of 32. Based on price per square foot, it ranks 3rd out of 29 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 20th out of 29 properties in its postcode area.

Sale History

Today
£145,333
streetscan.co.uk estimate
+24 %
19 Jan 2016
£117,500
Leasehold
+5.9 %
19 Nov 2010
£111,000
Leasehold
+20 %
8 Aug 2003
£92,500
Leasehold
+42.3 %
2 Feb 2001
£65,000
Leasehold
+30 %
11 Sep 1996
£50,000
Leasehold
0 %
6 Sep 1995
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £160,000
sale date: 14 Jul 2023
rooms: 3
size: 549 sq ft
sale price: £154,000
sale date: 7 Oct 2022
rooms: 2
size: 506 sq ft
sale price: £150,000
sale date: 16 Sep 2022
rooms: 3
size: 570 sq ft
sale price: £150,000
sale date: 30 Sep 2021
rooms: 2
size: 599 sq ft
sale price: £88,000
sale date: 13 Aug 2019

Data Sources

The property at 16 Lakes Meadow, Coggeshall, Colchester, CO6 1TN appears six times in the Land Registry records, with the latest transaction recorded on 19 Jan 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 2020. 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.